Mobilicom Limited (NASDAQ:MOBBW – Get Free Report) saw a significant growth in short interest in May. As of May 15th, there was short interest totaling 4,898 shares, a growth of 1,328.0% from the April 30th total of 343 shares. Based on an average trading volume of 7,070 shares, the days-to-cover ratio is presently 0.7 days.
Mobilicom Stock Performance
Shares of Mobilicom stock opened at $2.55 on Thursday. The business has a 50-day moving average of $2.22 and a two-hundred day moving average of $2.60. Mobilicom has a 1 year low of $0.25 and a 1 year 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.
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