Mobivity Holdings Corp. (OTCMKTS:MFON) Sees Large Increase in Short Interest

Mobivity Holdings Corp. (OTCMKTS:MFON) was the target of a large growth in short interest in March. As of March 15th, there was short interest totalling 4,400 shares, a growth of 4,300.0% from the February 28th total of 100 shares. Based on an average daily volume of 10,500 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.0% of the company’s stock are short sold.

Mobivity Stock Performance

MFON remained flat at $0.35 during midday trading on Thursday. The company has a market cap of $24.73 million, a P/E ratio of -2.34 and a beta of 0.63. Mobivity has a 52 week low of $0.09 and a 52 week high of $0.75. The firm has a fifty day moving average of $0.35 and a 200 day moving average of $0.29.

Mobivity Company Profile

Mobivity Holdings Corp. engages in developing and operating proprietary platforms to conduct national and localized, and data-driven marketing campaigns in the United States. The company's Recurrency platform unlocks valuable point of sale systems (POS) and mobile data to help transform customer transactions into actionable and attributable marketing insights and power Connected Rewards interactions.