Minim, Inc. (NASDAQ:FIEE) Short Interest Down 77.5% in August

Minim, Inc. (NASDAQ:FIEE) was the recipient of a large decrease in short interest in the month of August. As of August 14th, there was short interest totaling 41,947 shares, a decrease of 77.5% from the July 30th total of 186,718 shares. Currently, 3.1% of the shares of the company are sold short. Based on an average daily volume of 593,064 shares, the days-to-cover ratio is currently 0.1 days.

Minim Price Performance

Shares of FIEE traded down $0.07 during mid-day trading on Friday, hitting $4.07. The stock had a trading volume of 30,878 shares, compared to its average volume of 212,660. Minim has a 52 week low of $1.50 and a 52 week high of $10.59. The business has a fifty day moving average price of $3.86 and a 200-day moving average price of $5.49. The firm has a market cap of $325,600.00, a P/E ratio of -0.77 and a beta of 1.81.

Minim (NASDAQ:FIEE) last released its quarterly earnings data on Friday, August 14th. The company reported $0.14 EPS for the quarter. The business had revenue of $4.83 million for the quarter. Minim had a negative net margin of 105.18% and a negative return on equity of 1,144.78%.

Analysts Set New Price Targets

Separately, Weiss Ratings upgraded Minim from a “sell (d-)” rating to a “sell (d)” rating in a research note on Thursday, July 2nd. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company presently has an average 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.