Mobilicom Limited (NASDAQ:MOBBW) Short Interest Down 49.0% in December

Mobilicom Limited (NASDAQ:MOBBW) saw a significant decrease in short interest in the month of December. As of December 15th, there was short interest totaling 1,315 shares, a decrease of 49.0% from the November 30th total of 2,578 shares. Based on an average daily volume of 5,441 shares, the short-interest ratio is presently 0.2 days. Based on an average daily volume of 5,441 shares, the short-interest ratio is presently 0.2 days.

Mobilicom Price Performance

MOBBW traded down $0.02 during mid-day trading on Friday, reaching $2.99. 1,054 shares of the company traded hands, compared to its average volume of 19,607. The company’s fifty day moving average price is $2.90 and its 200-day moving average price is $2.08. Mobilicom has a 52-week low of $0.20 and a 52-week high of $5.80.

About Mobilicom

Mobilicom Ltd. (NASDAQ:MOBBW) is a technology company specializing in secure, mission-critical communications and cybersecurity solutions for edge and IoT applications. The company’s end-to-end hardware and software platform delivers encrypted, low-latency voice, video and data connectivity across multi-network topologies, enabling real-time situational awareness in remote and contested environments. Mobilicom’s product portfolio includes edge cyber protection modules, mesh-network communication nodes and command-and-control software for unmanned systems and other field-deployed assets.

Mobilicom’s solutions support a range of applications such as unmanned aerial vehicles (UAVs), autonomous ground vehicles, industrial robotics and critical infrastructure monitoring.