Minim, Inc. (NASDAQ:FIEE) Sees Significant Decline in Short Interest
by Doug Wharley · The Cerbat GemMinim, Inc. (NASDAQ:FIEE – Get Free Report) was the recipient of a significant drop in short interest during the month of February. As of February 27th, there was short interest totaling 37,640 shares, a drop of 64.9% from the February 12th total of 107,327 shares. Based on an average daily volume of 31,987 shares, the days-to-cover ratio is presently 1.2 days. Approximately 2.8% of the shares of the company are short sold. Approximately 2.8% of the shares of the company are short sold. Based on an average daily volume of 31,987 shares, the days-to-cover ratio is presently 1.2 days.
Wall Street Analysts Forecast Growth
A number of equities analysts have issued reports on the stock. Weiss Ratings reissued a “sell (e)” rating on shares of Minim in a research report on Monday, December 29th. Wall Street Zen upgraded shares of Minim to a “buy” rating in a research note on Saturday, March 7th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock currently has an average rating of “Sell”.
Check Out Our Latest Report on FIEE
Minim Stock Down 0.7%
Shares of FIEE stock traded down $0.05 on Friday, hitting $6.88. The company had a trading volume of 17,687 shares, compared to its average volume of 173,994. Minim has a twelve month low of $0.41 and a twelve month high of $7.95. The firm has a market cap of $550,400.00, a P/E ratio of -1.30 and a beta of 1.81. The company has a 50-day moving average price of $5.41 and a 200-day moving average price of $3.58.
Insider Activity
In other news, major shareholder Corporate Services Lt Elements bought 2,138,181 shares of the firm’s stock in a transaction that occurred on Tuesday, February 10th. The stock was purchased at an average price 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 of the company’s stock, valued at $4,024,580.70. This trade represents a 217.82% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 51.90% of the stock is currently owned by insiders.
Minim Company Profile
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.