SOBR Safe, Inc. (NASDAQ:SOBR) Short Interest Down 83.3% in July

SOBR Safe, Inc. (NASDAQ:SOBR) was the recipient of a significant decline in short interest during the month of July. As of July 15th, there was short interest totalling 230,100 shares, a decline of 83.3% from the June 30th total of 1,380,000 shares. Based on an average trading volume of 10,590,000 shares, the days-to-cover ratio is currently 0.0 days. Currently, 1.0% of the shares of the company are short sold.

SOBR Safe Stock Performance

SOBR traded down $0.00 during midday trading on Friday, reaching $0.16. The company had a trading volume of 472,629 shares, compared to its average volume of 4,882,688. The stock has a market cap of $3.12 million, a PE ratio of -0.26 and a beta of 1.21. SOBR Safe has a 12-month low of $0.13 and a 12-month high of $1.80. The business has a 50-day moving average price of $0.21 and a two-hundred day moving average price of $0.37.

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

SOBR Safe Company Profile

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.