Mobilicom Limited (NASDAQ:MOBBW) Sees Large Increase in Short Interest

Mobilicom Limited (NASDAQ:MOBBW – Get Free Report) was the target of a significant growth in short interest in the month of September. As of September 15th, there was short interest totaling 1,616 shares, a growth of 99.0% from the August 31st total of 812 shares. Based on an average trading volume of 2,463 shares, the days-to-cover ratio is presently 0.7 days.

Mobilicom Price Performance

Shares of Mobilicom stock opened at $1.30 on Thursday. The firm has a fifty day moving average price of $1.74 and a two-hundred day moving average price of $2.09. Mobilicom has a fifty-two week low of $1.06 and a fifty-two week high of $5.73.

About Mobilicom

(Get Free Report)

Mobilicom Ltd. is an Israeli technology company that develops communication, cybersecurity and remote-control solutions for unmanned aerial systems and other autonomous platforms. Its products are designed to support reliable, secure and resilient operations in environments where connectivity, data protection and continuous control are important.

The company’s portfolio includes airborne and ground-based communication systems, command-and-control solutions, and cybersecurity technologies for drones and robotics.

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