Mobilicom Limited (NASDAQ:MOBBW – Get Free Report) was the recipient of a significant drop in short interest in the month of October. As of October 15th, there was short interest totaling 3,263 shares, a drop of 62.4% from the September 30th total of 8,678 shares. Based on an average daily volume of 4,871 shares, the days-to-cover ratio is currently 0.7 days.
Mobilicom Trading Down 20.3%
Shares of NASDAQ:MOBBW opened at $0.63 on Thursday. The company has a 50 day moving average of $1.34 and a 200-day moving average of $2.12. Mobilicom has a one year low of $0.43 and a one year high of $4.93.
Mobilicom Company Profile
Mobilicom Ltd. is an Israel-based technology company that develops secure communication, networking and cybersecurity solutions for unmanned aerial vehicles (UAVs), drones, robotics and other autonomous systems. Its products are designed to support reliable command, control and data transmission in demanding commercial, industrial, defense and public-safety environments.
The company’s product portfolio includes airborne communication systems, mobile ad hoc networking solutions, command-and-control technologies, ground-control equipment and cybersecurity tools.
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