Mobilicom Limited (NASDAQ:MOB) Short Interest Up 71.8% in April

Mobilicom Limited (NASDAQ:MOB) was the target of a large increase in short interest during the month of April. As of April 15th, there was short interest totalling 44,500 shares, an increase of 71.8% from the March 31st total of 25,900 shares. Based on an average trading volume of 303,400 shares, the short-interest ratio is currently 0.1 days.

Mobilicom Trading Down 1.8 %

Shares of Mobilicom stock opened at $1.08 on Friday. Mobilicom has a 12-month low of $0.90 and a 12-month high of $3.33. The company has a debt-to-equity ratio of 0.03, a current ratio of 3.81 and a quick ratio of 3.46. The company’s fifty day simple moving average is $1.27 and its two-hundred day simple moving average is $1.46.

About Mobilicom

Mobilicom Limited operates as an end-to-end provider of cybersecurity and smart solutions for drones, robotics, and autonomous platforms. It designs, develops, and delivers smart solutions, such as cloud management software, communication datalink and mobile mesh networking terminals, handheld control terminals, and professional services and support for drone, robotics, and autonomous system manufacturers, as well as hardware products and software solutions.