Mobilicom Limited (NASDAQ:MOBBW – Get Free Report) was the recipient of a significant decline in short interest in October. As of October 15th, there was short interest totaling 3,263 shares, a decline of 62.4% from the September 30th total of 8,678 shares. Based on an average daily volume of 4,871 shares, the short-interest ratio is presently 0.7 days.
Mobilicom Stock Down 15.1%
Shares of MOBBW traded down $0.13 during midday trading on Friday, reaching $0.75. The stock had a trading volume of 213 shares, compared to its average volume of 6,029. Mobilicom has a 52 week low of $0.43 and a 52 week high of $4.93. The firm’s 50 day moving average price is $1.32 and its 200-day moving average price is $2.10.
Mobilicom Company Profile
Mobilicom Ltd. is an Israel-based technology company that develops secure communication, networking and cybersecurity solutions for unmanned aerial vehicles (UAVs), drones, robotics and other autonomous systems. Its products are designed to support reliable command, control and data transmission in demanding commercial, industrial, defense and public-safety environments.
The company’s product portfolio includes airborne communication systems, mobile ad hoc networking solutions, command-and-control technologies, ground-control equipment and cybersecurity tools.
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