Minim, Inc. (NASDAQ:MINM – Get Rating) was the target of a significant growth in short interest during the month of May. As of May 15th, there was short interest totalling 167,100 shares, a growth of 444.3% from the April 30th total of 30,700 shares. Currently, 16.2% of the company’s shares are short sold. Based on an average trading volume of 1,470,000 shares, the short-interest ratio is presently 0.1 days.
Minim Price Performance
NASDAQ MINM traded down $0.23 during trading on Friday, reaching $4.00. 104,798 shares of the company’s stock traded hands, compared to its average volume of 952,283. The firm has a market cap of $7.56 million, a price-to-earnings ratio of -0.46 and a beta of 0.42. The company’s 50 day simple moving average is $3.33 and its two-hundred day simple moving average is $4.23. Minim has a 12-month low of $1.80 and a 12-month high of $14.00.
Minim (NASDAQ:MINM – Get Rating) last posted its earnings results on Wednesday, March 29th. The company reported ($2.50) EPS for the quarter, missing analysts’ consensus estimates of ($1.25) by ($1.25). Minim had a negative net margin of 30.72% and a negative return on equity of 68.94%. The business had revenue of $10.63 million for the quarter, compared to analysts’ expectations of $14.50 million. Research analysts expect that Minim will post -3.5 earnings per share for the current fiscal year.
Institutional Trading of Minim
Minim Company Profile
Minim, Inc is the creator of intelligent networking products that dependably connect people to the information they need and the people they love. The company delivers smart software-driven communications products under the globally recognized Motorola brand and ZOOM trademark. Minim end users benefit from a personalized and secure WiFi experience, leads to happy and safe homes where things just work.
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