Short Interest in Mobilicom Limited (NASDAQ:MOBBW) Decreases By 19.0%

Mobilicom Limited (NASDAQ:MOBBW) saw a significant decrease in short interest during the month of December. As of December 31st, there was short interest totaling 1,065 shares, a decrease of 19.0% from the December 15th total of 1,315 shares. Based on an average daily volume of 2,656 shares, the short-interest ratio is currently 0.4 days. Based on an average daily volume of 2,656 shares, the short-interest ratio is currently 0.4 days.

Mobilicom Stock Performance

Shares of NASDAQ:MOBBW opened at $3.99 on Wednesday. The firm has a 50 day simple moving average of $3.01 and a 200-day simple moving average of $2.45. Mobilicom has a twelve month low of $0.20 and a twelve month high of $5.80.

About Mobilicom

Mobilicom Ltd. (NASDAQ:MOBBW) is a technology company specializing in secure, mission-critical communications and cybersecurity solutions for edge and IoT applications. The company’s end-to-end hardware and software platform delivers encrypted, low-latency voice, video and data connectivity across multi-network topologies, enabling real-time situational awareness in remote and contested environments. Mobilicom’s product portfolio includes edge cyber protection modules, mesh-network communication nodes and command-and-control software for unmanned systems and other field-deployed assets.

Mobilicom’s solutions support a range of applications such as unmanned aerial vehicles (UAVs), autonomous ground vehicles, industrial robotics and critical infrastructure monitoring.