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

Minim, Inc. (NASDAQ:FIEE) was the recipient of a significant drop in short interest in the month of May. As of May 29th, there was short interest totaling 8,795 shares, a drop of 35.8% from the May 14th total of 13,694 shares. Currently, 0.7% of the shares of the company are sold short. Based on an average daily volume of 7,397 shares, the short-interest ratio is presently 1.2 days.

Minim Stock Up 1.8%

Shares of Minim stock traded up $0.08 during trading on Tuesday, hitting $4.44. 1,854 shares of the company were exchanged, compared to its average volume of 81,613. Minim has a fifty-two week low of $1.50 and a fifty-two week high of $7.95. The firm has a 50 day moving average price of $6.28 and a 200 day moving average price of $5.33. The stock has a market capitalization of $355,200.00, a price-to-earnings ratio of -0.84 and a beta of 1.81.

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

Wall Street Analyst Weigh In

Separately, Wall Street Zen upgraded Minim to a “buy” rating in a research report on Saturday, March 7th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company has a consensus rating of “Sell”.

About Minim

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.