Minim, Inc. (NASDAQ:FIEE) Sees Large Increase in Short Interest

Minim, Inc. (NASDAQ:FIEE) was the recipient of a significant growth in short interest in the month of July. As of July 31st, there was short interest totaling 186,718 shares, a growth of 1,711.0% from the July 15th total of 10,310 shares. Currently, 13.8% of the company’s shares are short sold. Based on an average daily volume of 1,270,076 shares, the short-interest ratio is currently 0.1 days.

Minim Price Performance

Shares of Minim stock opened at $3.80 on Wednesday. The stock has a market cap of $304,000.00, a price-to-earnings ratio of -0.72 and a beta of 1.81. The firm’s 50-day moving average is $3.79 and its two-hundred day moving average is $5.54. Minim has a 1 year low of $1.50 and a 1 year high of $10.59.

Analyst Upgrades and Downgrades

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

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.