Mobilicom Limited (NASDAQ:MOBBW) Short Interest Up 134.4% in July

Mobilicom Limited (NASDAQ:MOBBW) saw a large increase in short interest during the month of July. As of July 31st, there was short interest totaling 1,062 shares, an increase of 134.4% from the July 15th total of 453 shares. Based on an average daily volume of 5,497 shares, the days-to-cover ratio is currently 0.2 days.

Mobilicom Trading Down 11.7%

Shares of MOBBW traded down $0.25 during trading hours on Friday, hitting $1.88. 2,784 shares of the stock were exchanged, compared to its average volume of 6,085. Mobilicom has a fifty-two week low of $0.89 and a fifty-two week high of $5.80. The business has a 50-day moving average of $2.09 and a 200-day moving average of $2.28.

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.