Short Interest in Mobilicom Limited Sponsored ADR (NASDAQ:MOB) Rises By 24.4%

Mobilicom Limited Sponsored ADR (NASDAQ:MOB) saw a large growth in short interest in February. As of February 13th, there was short interest totaling 774,727 shares, a growth of 24.4% from the January 29th total of 622,928 shares. Approximately 7.4% of the company’s stock are short sold. Based on an average daily volume of 409,474 shares, the days-to-cover ratio is currently 1.9 days. Based on an average daily volume of 409,474 shares, the days-to-cover ratio is currently 1.9 days. Approximately 7.4% of the company’s stock are short sold.

Mobilicom Trading Up 8.5%

Shares of Mobilicom stock opened at $6.28 on Thursday. Mobilicom has a 52 week low of $1.31 and a 52 week high of $11.02. The stock has a 50 day moving average price of $6.66 and a two-hundred day moving average price of $542.83. The company has a debt-to-equity ratio of 0.07, a current ratio of 6.94 and a quick ratio of 6.15.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the business. Quadrature Capital Ltd acquired a new position in shares of Mobilicom during the fourth quarter valued at about $152,000. Balyasny Asset Management L.P. bought a new position in Mobilicom in the 4th quarter valued at about $1,587,000. Apis Capital Advisors LLC boosted its stake in Mobilicom by 83.5% during the 4th quarter. Apis Capital Advisors LLC now owns 110,080 shares of the company’s stock valued at $671,000 after purchasing an additional 50,080 shares during the last quarter. Jane Street Group LLC increased its holdings in Mobilicom by 20.0% during the 4th quarter. Jane Street Group LLC now owns 62,001 shares of the company’s stock worth $378,000 after purchasing an additional 10,344 shares in the last quarter. Finally, T3 Companies LLC purchased a new stake in shares of Mobilicom in the fourth quarter worth approximately $343,000. Institutional investors and hedge funds own 13.56% of the company’s stock.

About Mobilicom

Mobilicom Ltd. (NASDAQ: MOB) is an Israel-based technology company specializing in secure communications, cybersecurity and edge computing solutions for unmanned systems, ground vehicles and critical assets. The company’s core platform integrates advanced encryption, artificial intelligence and resilient networking capabilities to protect data and command-and-control links in contested or degraded environments.

The company’s flagship offerings include AerialGuard, a turnkey cyber-hardened communications suite for unmanned aerial vehicles (UAVs); VehicularGuard, designed to secure vehicle-to-everything (V2X) communications in ground systems; and MissionCore, a software-defined command-and-control framework that delivers real-time situational awareness and autonomous decision support.