Short Interest in Mobivity Holdings Corp. (OTCMKTS:MFON) Increases By 78.1%

Mobivity Holdings Corp. (OTCMKTS:MFONGet Rating) was the target of a large growth in short interest in the month of April. As of April 15th, there was short interest totalling 13,000 shares, a growth of 78.1% from the March 31st total of 7,300 shares. Based on an average daily trading volume, of 15,300 shares, the short-interest ratio is presently 0.8 days.

Shares of MFON stock opened at $0.77 on Friday. The company has a market capitalization of $45.04 million, a price-to-earnings ratio of -5.13 and a beta of 0.79. The company has a 50-day simple moving average of $0.87 and a 200 day simple moving average of $1.16. Mobivity has a 52 week low of $0.64 and a 52 week high of $1.81.

Mobivity (OTCMKTS:MFONGet Rating) last announced its earnings results on Wednesday, March 30th. The technology company reported ($0.07) EPS for the quarter. The company had revenue of $0.61 million for the quarter.

About Mobivity (Get Rating)

Mobivity Holdings Corp. develops and operates proprietary platforms to conduct national and localized, and data-driven marketing campaigns in the United States. The company's Recurrency platform unlocks valuable point of sale systems (POS) and mobile data to help transform customer transactions into actionable and attributable marketing insights.

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