Minim, Inc. (NASDAQ:FIEE) Short Interest Update

Minim, Inc. (NASDAQ:FIEE) was the target of a large decrease in short interest in February. As of February 27th, there was short interest totaling 37,640 shares, a decrease of 64.9% from the February 12th total of 107,327 shares. Based on an average daily volume of 31,987 shares, the short-interest ratio is presently 1.2 days. Currently, 2.8% of the shares of the stock are short sold. Currently, 2.8% of the shares of the stock are short sold. Based on an average daily volume of 31,987 shares, the short-interest ratio is presently 1.2 days.

Insider Buying and Selling

In other news, major shareholder Corporate Services Lt Elements bought 2,138,181 shares of the company’s stock in a transaction on Tuesday, February 10th. The stock was purchased at an average cost of $1.29 per share, for a total transaction of $2,758,253.49. Following the completion of the transaction, the insider owned 3,119,830 shares of the company’s stock, valued at $4,024,580.70. This trade represents a 217.82% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available at this link. Corporate insiders own 51.90% of the company’s stock.

Minim Trading Up 3.7%

Shares of FIEE opened at $6.70 on Wednesday. The stock’s 50-day moving average price is $5.20 and its two-hundred day moving average price is $3.51. Minim has a 12 month low of $0.41 and a 12 month high of $7.95. The company has a market capitalization of $536,000.00, a PE ratio of -1.26 and a beta of 1.81.

Analysts Set New Price Targets

Several research analysts have recently issued reports on FIEE shares. Weiss Ratings reiterated a “sell (e)” rating on shares of Minim in a report on Monday, December 29th. Wall Street Zen raised shares of Minim to a “buy” rating in a report on Saturday. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Minim has a consensus rating of “Sell”.

Minim Company Profile

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.