Mobilicom Limited (NASDAQ:MOBBW – Get Free Report) was the target of a large growth in short interest during the month of September. As of September 30th, there was short interest totaling 8,678 shares, a growth of 437.0% from the September 15th total of 1,616 shares. Based on an average trading volume of 8,237 shares, the days-to-cover ratio is presently 1.1 days.
Mobilicom Trading Down 16.2%
Shares of NASDAQ:MOBBW traded down $0.17 during midday trading on Friday, hitting $0.88. The company had a trading volume of 13,347 shares, compared to its average volume of 6,177. Mobilicom has a 12-month low of $0.82 and a 12-month high of $5.73. The company has a fifty day moving average of $1.65 and a two-hundred day moving average of $2.02.
Mobilicom Company Profile
Mobilicom Ltd. is an Israeli technology company that develops communication, cybersecurity and remote-control solutions for unmanned aerial systems and other autonomous platforms. Its products are designed to support reliable, secure and resilient operations in environments where connectivity, data protection and continuous control are important.
The company’s portfolio includes airborne and ground-based communication systems, command-and-control solutions, and cybersecurity technologies for drones and robotics.
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