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

Minim, Inc. (NASDAQ:FIEE) was the recipient of a significant decline in short interest in January. As of January 15th, there was short interest totaling 9,947 shares, a decline of 54.8% from the December 31st total of 22,028 shares. Approximately 0.7% of the shares of the stock are short sold. Based on an average daily trading volume, of 46,085 shares, the short-interest ratio is presently 0.2 days. Based on an average daily trading volume, of 46,085 shares, the short-interest ratio is presently 0.2 days. Approximately 0.7% of the shares of the stock are short sold.

Minim Stock Performance

Shares of NASDAQ FIEE traded up $0.14 during trading on Thursday, reaching $7.40. The company had a trading volume of 66,343 shares, compared to its average volume of 58,436. Minim has a 52 week low of $0.16 and a 52 week high of $7.95. The business’s 50 day moving average price is $3.15 and its 200-day moving average price is $2.84. The stock has a market cap of $592,000.00, a PE ratio of -1.40 and a beta of 1.81.

Minim (NASDAQ:FIEE) last posted its quarterly earnings data on Wednesday, November 12th. The company reported ($0.05) earnings per share for the quarter. The company had revenue of $1.94 million during the quarter. Minim had a negative return on equity of 1,144.78% and a negative net margin of 105.18%.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a “sell (e)” rating on shares of Minim in a research note on Monday, December 29th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company currently has a consensus rating of “Sell”.

Minim Company Profile

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.