Short Interest in Minim, Inc. (NASDAQ:FIEE) Increases By 23.0%

Minim, Inc. (NASDAQ:FIEE) saw a large growth in short interest in the month of January. As of January 30th, there was short interest totaling 12,230 shares, a growth of 23.0% from the January 15th total of 9,947 shares. Currently, 0.9% of the shares of the company are sold short. Based on an average trading volume of 81,193 shares, the days-to-cover ratio is presently 0.2 days. Based on an average trading volume of 81,193 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.9% of the shares of the company are sold short.

Insiders Place Their Bets

In other Minim news, major shareholder Corporate Services Lt Elements acquired 2,138,181 shares of the company’s stock in a transaction on Tuesday, February 10th. The shares were acquired at an average cost of $1.29 per share, with a total value of $2,758,253.49. Following the completion of the acquisition, the insider directly owned 3,119,830 shares in the company, 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 filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 51.90% of the company’s stock.

Analysts Set New Price Targets

Separately, Weiss Ratings reaffirmed a “sell (e)” rating on shares of Minim in a research note on Monday, December 29th. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock currently has a consensus rating of “Sell”.

Minim Price Performance

NASDAQ:FIEE opened at $7.16 on Wednesday. Minim has a 1-year low of $0.16 and a 1-year high of $7.95. The business has a 50 day moving average of $4.05 and a 200 day moving average of $3.11. The company has a market capitalization of $572,800.00, a price-to-earnings ratio of -1.35 and a beta of 1.81.

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.