Minim, Inc. (NASDAQ:FIEE) Sees Significant Drop in Short Interest

Minim, Inc. (NASDAQ:FIEE) saw a large decrease in short interest in the month of April. As of April 30th, there was short interest totaling 14,167 shares, a decrease of 45.4% from the April 15th total of 25,936 shares. Approximately 1.0% of the company’s stock are short sold. Based on an average daily volume of 15,523 shares, the short-interest ratio is currently 0.9 days.

Analyst Ratings Changes

Separately, Wall Street Zen upgraded Minim to a “buy” rating in a report on Saturday, March 7th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, Minim has an average rating of “Sell”.

Minim Stock Up 0.8%

Shares of FIEE traded up $0.05 during trading hours on Friday, reaching $6.48. The company’s stock had a trading volume of 6,140 shares, compared to its average volume of 97,777. The firm has a market cap of $518,400.00, a price-to-earnings ratio of -1.22 and a beta of 1.81. Minim has a 1-year low of $1.50 and a 1-year high of $7.95. The company has a 50 day moving average of $6.99 and a two-hundred day moving average of $4.90.

Minim (NASDAQ:FIEE) last issued its earnings results on Thursday, April 30th. The company reported $0.02 earnings per share for the quarter. The company had revenue of $2.12 million for the quarter. Minim had a negative return on equity of 1,144.78% and a negative net margin of 105.18%.

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.