Mobilicom Limited Sponsored ADR (NASDAQ:MOB) Short Interest Down 22.5% in February

Mobilicom Limited Sponsored ADR (NASDAQ:MOB) was the recipient of a significant drop in short interest during the month of February. As of February 27th, there was short interest totaling 600,704 shares, a drop of 22.5% from the February 12th total of 774,727 shares. Approximately 5.7% of the shares of the company are short sold. Based on an average trading volume of 245,927 shares, the days-to-cover ratio is presently 2.4 days. Based on an average trading volume of 245,927 shares, the days-to-cover ratio is presently 2.4 days. Approximately 5.7% of the shares of the company are short sold.

Hedge Funds Weigh In On Mobilicom

A number of institutional investors have recently bought and sold shares of the business. Bank of America Corp DE acquired a new stake in shares of Mobilicom in the third quarter valued at approximately $78,000. JPMorgan Chase & Co. acquired a new position in shares of Mobilicom during the 3rd quarter worth approximately $91,000. Two Sigma Investments LP acquired a new position in shares of Mobilicom during the 3rd quarter worth approximately $118,000. Scientech Research LLC bought a new stake in Mobilicom in the 3rd quarter valued at $138,000. Finally, BNP Paribas Financial Markets raised its stake in Mobilicom by 997.3% in the 3rd quarter. BNP Paribas Financial Markets now owns 19,751 shares of the company’s stock valued at $184,000 after acquiring an additional 17,951 shares during the period. Institutional investors and hedge funds own 13.56% of the company’s stock.

Mobilicom Price Performance

Shares of Mobilicom stock traded down $0.08 during trading on Monday, hitting $5.50. 91,497 shares of the stock were exchanged, compared to its average volume of 216,391. The company has a quick ratio of 6.15, a current ratio of 6.94 and a debt-to-equity ratio of 0.07. The company has a fifty day moving average price of $6.57 and a 200-day moving average price of $461.67. Mobilicom has a 1-year low of $1.31 and a 1-year high of $11.02.

Mobilicom Company Profile

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.