Minim, Inc. (NASDAQ:FIEE) Short Interest Up 23.0% in January

Minim, Inc. (NASDAQ:FIEE) saw a significant growth in short interest during the month of January. As of January 30th, there was short interest totaling 12,230 shares, a growth of 23.0% from the January 15th total of 9,947 shares. Based on an average trading volume of 81,193 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.9% of the company’s shares are sold short. Approximately 0.9% of the company’s shares are sold short. Based on an average trading volume of 81,193 shares, the days-to-cover ratio is currently 0.2 days.

Insider Transactions at Minim

In related news, major shareholder Corporate Services Lt Elements bought 2,138,181 shares of the company’s stock in a transaction dated Tuesday, February 10th. The stock was purchased at an average price of $1.29 per share, for a total transaction of $2,758,253.49. Following the acquisition, the insider owned 3,119,830 shares in the company, valued at $4,024,580.70. This trade represents a 217.82% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink. 51.90% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

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

Minim Price Performance

Shares of FIEE stock opened at $6.67 on Tuesday. The company has a market capitalization of $533,600.00, a P/E ratio of -1.26 and a beta of 1.81. The company’s 50-day simple moving average is $3.96 and its two-hundred day simple moving average is $3.08. Minim has a one year low of $0.16 and a one 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.