Minim, Inc. (NASDAQ:FIEE) Sees Significant Drop in Short Interest

Minim, Inc. (NASDAQ:FIEE) saw a significant decrease in short interest during the month of August. As of August 14th, there was short interest totaling 41,947 shares, a decrease of 77.5% from the July 30th total of 186,718 shares. Based on an average daily volume of 593,064 shares, the days-to-cover ratio is currently 0.1 days. Approximately 3.1% of the shares of the company are sold short.

Analyst Ratings Changes

Separately, Weiss Ratings raised Minim from a “sell (d-)” rating to a “sell (d)” rating in a report on Thursday, July 2nd. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company presently has an average rating of “Sell”.

Minim Stock Down 1.9%

Shares of NASDAQ:FIEE traded down $0.08 during trading on Thursday, reaching $4.14. 28,018 shares of the company traded hands, compared to its average volume of 213,765. The company’s 50 day moving average is $3.86 and its two-hundred day moving average is $5.49. The firm has a market capitalization of $331,200.00, a PE ratio of -0.78 and a beta of 1.81. Minim has a 52 week low of $1.50 and a 52 week high of $10.59.

Minim (NASDAQ:FIEE) last issued its quarterly earnings results on Friday, August 14th. The company reported $0.14 EPS for the quarter. Minim had a negative return on equity of 1,144.78% and a negative net margin of 105.18%.The company had revenue of $4.83 million for the quarter.

About Minim

Minim, Inc (NASDAQ:FIEE) is a technology company specializing in network intelligence and security solutions for service providers, managed service providers (MSPs) and enterprise customers. The company’s core offering is a cloud-based platform that centralizes network management, device monitoring and automated troubleshooting across wired and wireless infrastructure. By leveraging machine learning and analytics, Minim aims to simplify onboarding, optimize performance and reduce operational costs for broadband providers and IT teams.

Minim’s software suite provides real-time visibility into network health, topology mapping and usage metrics, along with integrated security features designed to detect and block threats at the network edge.