Socket Mobile, Inc. (NASDAQ:SCKT) Sees Large Decline in Short Interest

Socket Mobile, Inc. (NASDAQ:SCKT) saw a significant decrease in short interest in October. As of October 31st, there was short interest totalling 5,200 shares, a decrease of 44.1% from the October 15th total of 9,300 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily volume of 18,500 shares, the days-to-cover ratio is currently 0.3 days.

Socket Mobile Stock Performance

Socket Mobile stock traded up $0.17 during trading on Wednesday, reaching $1.39. 88,634 shares of the company were exchanged, compared to its average volume of 17,291. Socket Mobile has a 52-week low of $0.91 and a 52-week high of $1.53. The stock’s 50 day simple moving average is $1.16 and its two-hundred day simple moving average is $1.16.

Socket Mobile Company Profile

Socket Mobile, Inc provides data capture and delivery solutions in the United States, Europe, Asia, and internationally. Its products and solutions are integrated into mobile applications for applications in the areas of point of sale, commercial services, asset tracking, manufacturing and quality control processes, transportation and logistics, event management, medical, and education.