Minim, Inc. (NASDAQ:FIEE) Short Interest Up 1,711.0% in July

Minim, Inc. (NASDAQ:FIEE) saw a large growth in short interest during the month of July. As of July 31st, there was short interest totaling 186,718 shares, a growth of 1,711.0% from the July 15th total of 10,310 shares. Based on an average trading volume of 1,270,076 shares, the days-to-cover ratio is currently 0.1 days. Currently, 13.8% of the shares of the stock are short sold.

Minim Price Performance

Shares of NASDAQ:FIEE traded up $0.16 on Tuesday, reaching $3.80. 52,377 shares of the company traded hands, compared to its average volume of 165,967. The stock has a market capitalization of $304,000.00, a PE ratio of -0.72 and a beta of 1.81. The company’s 50 day moving average is $3.81 and its 200-day moving average is $5.54. Minim has a fifty-two week low of $1.50 and a fifty-two week high of $10.59.

Analyst Ratings Changes

Separately, Weiss Ratings raised shares of Minim from a “sell (d-)” rating to a “sell (d)” rating in a research note on Thursday, July 2nd. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock presently 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.