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

Minim, Inc. (NASDAQ:FIEE) was the target of a large decrease in short interest in April. As of April 30th, there was short interest totaling 14,167 shares, a decrease of 45.4% from the April 15th total of 25,936 shares. Based on an average daily trading volume, of 15,523 shares, the short-interest ratio is presently 0.9 days. Approximately 1.0% of the shares of the stock are sold short.

Minim Stock Down 0.6%

FIEE traded down $0.04 on Monday, hitting $6.44. The company had a trading volume of 2,950 shares, compared to its average volume of 96,767. The company has a market cap of $515,200.00, a PE ratio of -1.22 and a beta of 1.81. Minim has a 12-month low of $1.50 and a 12-month high of $7.95. The business’s fifty day simple moving average is $6.99 and its 200 day simple moving average is $4.90.

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

Analyst Ratings Changes

Separately, Wall Street Zen raised shares of Minim to a “buy” rating in a report on Saturday, March 7th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, Minim has an average 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.