Movano Inc. (NASDAQ:MOVE) Sees Significant Drop in Short Interest

Movano Inc. (NASDAQ:MOVE) saw a large decline in short interest during the month of January. As of January 15th, there was short interest totaling 25,442 shares, a decline of 41.4% from the December 31st total of 43,438 shares. Approximately 3.4% of the company’s shares are sold short. Based on an average daily volume of 29,466 shares, the days-to-cover ratio is currently 0.9 days. Based on an average daily volume of 29,466 shares, the days-to-cover ratio is currently 0.9 days. Approximately 3.4% of the company’s shares are sold short.

Movano News Roundup

Here are the key news stories impacting Movano this week:

• Positive Sentiment: Short interest has fallen substantially in January, reducing one pool of bearish pressure and the chance of disorderly short‑covering volatility later.
• Positive Sentiment: Technical: the stock recently cleared its 200‑day moving average — a bullish technical milestone that can attract momentum buyers. Movano 200‑Day MA Article
• Neutral Sentiment: Liquidity/volatility: trading has seen multiple intraday LULD pauses and lower‑than‑average volume today, meaning price swings can be amplified by lighter order flow.
• Negative Sentiment: Insider selling: CEO John Mastrototaro sold 33,069 shares (~37% reduction in his holdings) at about $20.80. Filing: CEO SEC Filing
• Negative Sentiment: Insider selling: CFO Jeremy Cogan sold 28,736 shares (~32% reduction) at about $20.78. Filing: CFO SEC Filing
• Negative Sentiment: Fundamentals remain challenged: the company’s last quarter showed a sizable EPS beat on an accounting basis but essentially no revenue (reported $0.08M vs. consensus ~$3.9M) and extreme negative margins/ROE — keeps investor focus on cash burn and path to meaningful sales.
• Negative Sentiment: Analyst sentiment is weak: recent notes include downgrades / reiterated sell ratings from independent outlets, which can pressure the stock in a thin market. Weiss Ratings

Insider Activity

In related news, CTO Michael Aaron Leabman sold 6,845 shares of the business’s stock in a transaction dated Wednesday, January 14th. The shares were sold at an average price of $6.66, for a total value of $45,587.70. Following the sale, the chief technology officer directly owned 22,639 shares in the company, valued at approximately $150,775.74. The trade was a 23.22% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Jeremy Cogan sold 28,736 shares of the stock in a transaction that occurred on Tuesday, January 27th. The stock was sold at an average price of $20.78, for a total transaction of $597,134.08. Following the transaction, the chief financial officer directly owned 60,504 shares of the company’s stock, valued at $1,257,273.12. The trade was a 32.20% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 94,383 shares of company stock valued at $1,524,933 in the last 90 days. Company insiders own 10.40% of the company’s stock.

Hedge Funds Weigh In On Movano

An institutional investor recently bought a new position in Movano stock. Citadel Advisors LLC purchased a new stake in Movano Inc. (NASDAQ:MOVE) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 49,262 shares of the technology company’s stock, valued at approximately $28,000. Citadel Advisors LLC owned about 5.94% of Movano at the end of the most recent reporting period. 16.64% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research firms recently commented on MOVE. Weiss Ratings reiterated a “sell (e+)” rating on shares of Movano in a research report on Thursday, January 22nd. Wall Street Zen cut shares of Movano from a “hold” rating to a “sell” rating in a report on Saturday, January 17th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company currently has an average rating of “Sell”.

Movano Stock Performance

MOVE traded down $1.94 on Friday, hitting $17.13. 189,388 shares of the company were exchanged, compared to its average volume of 2,896,461. Movano has a fifty-two week low of $4.67 and a fifty-two week high of $55.00. The firm has a market capitalization of $14.22 million, a P/E ratio of -1.58 and a beta of 0.80. The business’s fifty day moving average is $9.56 and its 200 day moving average is $8.08.

Movano (NASDAQ:MOVE) last issued its quarterly earnings data on Friday, November 14th. The technology company reported ($4.73) earnings per share (EPS) for the quarter, topping the consensus estimate of ($7.00) by $2.27. The firm had revenue of $0.08 million during the quarter, compared to analysts’ expectations of $3.88 million. Movano had a negative return on equity of 647.91% and a negative net margin of 3,409.60%.

Movano Company Profile

Movano Health, Inc (NASDAQ: MOVE) is a health technology company focused on developing wearable devices for continuous biometric monitoring. The company’s core mission is to provide accessible, real-time health insights through noninvasive sensors, enabling individuals and care teams to track vital signs and physiological trends outside of traditional clinical settings.

Movano’s flagship product is a biometric monitoring ring designed to measure parameters such as heart rate, blood oxygen saturation, skin temperature, and sleep quality.