Short Interest in Minim, Inc. (NASDAQ:FIEE) Increases By 777.6%

Minim, Inc. (NASDAQ:FIEE) was the recipient of a significant growth in short interest in the month of February. As of February 13th, there was short interest totaling 107,327 shares, a growth of 777.6% from the January 29th total of 12,230 shares. Approximately 7.9% of the shares of the company are short sold. Based on an average trading volume of 660,113 shares, the days-to-cover ratio is presently 0.2 days. Based on an average trading volume of 660,113 shares, the days-to-cover ratio is presently 0.2 days. Approximately 7.9% of the shares of the company are short sold.

Insider Buying and Selling at Minim

In other Minim 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 bought at an average cost of $1.29 per share, for a total transaction of $2,758,253.49. Following the completion of the transaction, the insider directly owned 3,119,830 shares of the company’s stock, valued at approximately $4,024,580.70. This trade represents a 217.82% increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. 51.90% of the stock is owned by insiders.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “sell (e)” rating on shares of Minim in a research note on Monday, December 29th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company has an average rating of “Sell”.

Minim Stock Performance

Shares of NASDAQ FIEE opened at $6.42 on Thursday. The company has a market capitalization of $513,600.00, a PE ratio of -1.21 and a beta of 1.81. The company’s fifty day moving average price is $4.55 and its 200 day moving average price is $3.28. Minim has a 1 year low of $0.33 and a 1 year high of $7.95.

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.