Mobilicom Limited Sponsored ADR (NASDAQ:MOB) Short Interest Update

Mobilicom Limited Sponsored ADR (NASDAQ:MOB) was the recipient of a significant increase in short interest during the month of January. As of January 30th, there was short interest totaling 622,928 shares, an increase of 59.0% from the January 15th total of 391,795 shares. Currently, 5.9% of the company’s stock are short sold. Based on an average daily volume of 742,522 shares, the days-to-cover ratio is presently 0.8 days. Based on an average daily volume of 742,522 shares, the days-to-cover ratio is presently 0.8 days. Currently, 5.9% of the company’s stock are short sold.

Wall Street Analysts Forecast Growth

Separately, ThinkEquity reaffirmed a “buy” rating on shares of Mobilicom in a research report on Monday, October 20th. Two analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Mobilicom presently has an average rating of “Hold” and an average target price of $2,750.00.

Mobilicom Trading Down 2.2%

Shares of NASDAQ MOB traded down $0.12 during midday trading on Friday, reaching $5.35. The company’s stock had a trading volume of 163,849 shares, compared to its average volume of 574,506. The firm has a 50 day moving average price of $7.03 and a 200-day moving average price of $637.35. Mobilicom has a 12-month low of $1.31 and a 12-month high of $11.02. The company has a debt-to-equity ratio of 0.07, a current ratio of 6.94 and a quick ratio of 6.15.

Institutional Investors Weigh In On Mobilicom

Hedge funds have recently made changes to their positions in the business. Wexford Capital LP bought a new position in Mobilicom during the third quarter valued at about $1,643,000. Raymond James Financial Inc. bought a new position in shares of Mobilicom during the 3rd quarter valued at approximately $847,000. Regal Partners Ltd bought a new position in shares of Mobilicom during the 3rd quarter valued at approximately $717,000. Jane Street Group LLC purchased a new stake in shares of Mobilicom during the 2nd quarter worth approximately $184,000. Finally, Apis Capital Advisors LLC bought a new stake in shares of Mobilicom in the 3rd quarter worth approximately $558,000. 13.56% of the stock is currently owned by institutional investors.

About Mobilicom

Mobilicom Ltd. (NASDAQ: MOB) is an Israel-based technology company specializing in secure communications, cybersecurity and edge computing solutions for unmanned systems, ground vehicles and critical assets. The company’s core platform integrates advanced encryption, artificial intelligence and resilient networking capabilities to protect data and command-and-control links in contested or degraded environments.

The company’s flagship offerings include AerialGuard, a turnkey cyber-hardened communications suite for unmanned aerial vehicles (UAVs); VehicularGuard, designed to secure vehicle-to-everything (V2X) communications in ground systems; and MissionCore, a software-defined command-and-control framework that delivers real-time situational awareness and autonomous decision support.