Socket Mobile, Inc. (NASDAQ:SCKT) Short Interest Update

Socket Mobile, Inc. (NASDAQ:SCKT) was the recipient of a significant decline in short interest in December. As of December 31st, there was short interest totalling 10,100 shares, a decline of 29.9% from the December 15th total of 14,400 shares. Approximately 0.2% of the company’s stock are short sold. Based on an average daily volume of 28,000 shares, the short-interest ratio is currently 0.4 days.

Socket Mobile Trading Up 1.3 %

SCKT stock traded up $0.02 during midday trading on Friday, reaching $1.53. The company had a trading volume of 13,612 shares, compared to its average volume of 19,719. The company has a 50 day moving average of $1.41 and a two-hundred day moving average of $1.22. The company has a market capitalization of $11.64 million, a P/E ratio of -6.95 and a beta of 1.02. Socket Mobile has a 1 year low of $0.91 and a 1 year high of $1.62.

About Socket Mobile

Socket Mobile, Inc provides data capture and delivery solutions in the United States, Europe, Asia, and internationally. Its products and solutions are integrated into mobile applications for applications in the areas of point of sale, commercial services, asset tracking, manufacturing and quality control processes, transportation and logistics, event management, medical, and education.