SOBR Safe, Inc. (NASDAQ:SOBR) Short Interest Update

SOBR Safe, Inc. (NASDAQ:SOBR) saw a significant drop in short interest in March. As of March 31st, there was short interest totalling 4,600 shares, a drop of 94.3% from the March 15th total of 81,100 shares. Approximately 0.3% of the shares of the stock are short sold. Based on an average daily trading volume, of 497,500 shares, the short-interest ratio is presently 0.0 days.

SOBR Safe Trading Down 2.3 %

Shares of SOBR traded down $0.10 during mid-day trading on Wednesday, reaching $4.12. The company’s stock had a trading volume of 3,748 shares, compared to its average volume of 179,838. SOBR Safe has a 52 week low of $2.41 and a 52 week high of $879.45. The company’s fifty day moving average price is $6.69 and its two-hundred day moving average price is $26.59. The stock has a market cap of $378,580.00, a PE ratio of -0.08 and a beta of 0.90.

SOBR Safe (NASDAQ:SOBR) last announced its quarterly earnings data on Tuesday, April 15th. The company reported ($136.82) earnings per share (EPS) for the quarter. The company had revenue of $0.06 million for the quarter. SOBR Safe had a negative net margin of 4,872.83% and a negative return on equity of 414.80%.

Institutional Investors Weigh In On SOBR Safe

An institutional investor recently bought a new position in SOBR Safe stock. Cetera Investment Advisers acquired a new stake in shares of SOBR Safe, Inc. (NASDAQ:SOBR) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 71,000 shares of the company’s stock, valued at approximately $82,000. Cetera Investment Advisers owned approximately 7.72% of SOBR Safe as of its most recent SEC filing. Hedge funds and other institutional investors own 7.93% of the company’s stock.

SOBR Safe Company Profile

SOBR Safe, Inc, a hardware and software company, develops non-invasive alcohol detection, biometric identity verification, and real-time cloud-based alerts and reporting systems in North America. The company provides SOBRcheck, a stationary identification and alcohol monitoring product; and SOBRsure, a transdermal, alcohol-detecting wearable band.