Mobilicom Limited (NASDAQ:MOBBW) Short Interest Update

Mobilicom Limited (NASDAQ:MOBBW) was the recipient of a significant decline in short interest in the month of December. As of December 31st, there was short interest totaling 1,065 shares, a decline of 19.0% from the December 15th total of 1,315 shares. Based on an average daily trading volume, of 2,656 shares, the days-to-cover ratio is currently 0.4 days. Based on an average daily trading volume, of 2,656 shares, the days-to-cover ratio is currently 0.4 days.

Mobilicom Stock Down 5.9%

Shares of MOBBW stock traded down $0.19 on Monday, hitting $3.01. 1,176 shares of the stock were exchanged, compared to its average volume of 8,972. Mobilicom has a one year low of $0.20 and a one year high of $5.80. The firm’s 50 day moving average is $2.97 and its two-hundred day moving average is $2.41.

About Mobilicom

Mobilicom Ltd. (NASDAQ:MOBBW) is a technology company specializing in secure, mission-critical communications and cybersecurity solutions for edge and IoT applications. The company’s end-to-end hardware and software platform delivers encrypted, low-latency voice, video and data connectivity across multi-network topologies, enabling real-time situational awareness in remote and contested environments. Mobilicom’s product portfolio includes edge cyber protection modules, mesh-network communication nodes and command-and-control software for unmanned systems and other field-deployed assets.

Mobilicom’s solutions support a range of applications such as unmanned aerial vehicles (UAVs), autonomous ground vehicles, industrial robotics and critical infrastructure monitoring.