SOBR Safe, Inc. (NASDAQ:SOBR) Short Interest Down 83.7% in June

SOBR Safe, Inc. (NASDAQ:SOBR) saw a significant drop in short interest during the month of June. As of June 15th, there was short interest totalling 351,300 shares, a drop of 83.7% from the May 31st total of 2,160,000 shares. Currently, 1.5% of the company’s shares are short sold. Based on an average trading volume of 9,160,000 shares, the days-to-cover ratio is presently 0.0 days.

SOBR Safe Stock Performance

Shares of SOBR traded down $0.01 during mid-day trading on Friday, reaching $0.15. 3,704,421 shares of the company were exchanged, compared to its average volume of 5,400,722. SOBR Safe has a 52 week low of $0.13 and a 52 week high of $1.80. The stock has a market capitalization of $2.94 million, a PE ratio of -0.25 and a beta of 1.24. The business has a 50 day simple moving average of $0.26 and a two-hundred day simple moving average of $0.41.

SOBR Safe (NASDAQ:SOBR) last issued its earnings results on Wednesday, May 15th. The company reported ($0.21) earnings per share for the quarter. The business had revenue of $0.05 million during the quarter. SOBR Safe had a negative return on equity of 315.26% and a negative net margin of 6,404.43%.

About SOBR Safe

SOBR Safe, Inc, a hardware and software company, develops non-invasive alcohol detection, biometric identity verification, and real-time cloud-based alerts and reporting systems in North America. The company offers SOBRcheck, a stationary identification and alcohol monitoring product; SOBRsure, a transdermal, alcohol-detecting wearable band; and SOBRSafe software platform for non-invasive alcohol detection and identity verification.