SOBR Safe, Inc. (NASDAQ:SOBR) Short Interest Update

SOBR Safe, Inc. (NASDAQ:SOBR) was the recipient of a large increase in short interest in the month of October. As of October 15th, there was short interest totalling 93,300 shares, an increase of 2,727.3% from the September 30th total of 3,300 shares. Approximately 4.8% of the shares of the stock are short sold. Based on an average daily volume of 454,100 shares, the short-interest ratio is presently 0.2 days.

SOBR Safe Stock Performance

SOBR Safe stock traded down $0.92 during midday trading on Friday, hitting $7.08. 99,468 shares of the company’s stock were exchanged, compared to its average volume of 1,437,999. The company has a market cap of $2.19 million, a P/E ratio of -0.11 and a beta of 1.11. The stock has a 50-day moving average price of $2.80 and a two-hundred day moving average price of $1.11. SOBR Safe has a 52-week low of $3.70 and a 52-week high of $92.40.

SOBR Safe (NASDAQ:SOBR) last issued its quarterly earnings results on Monday, August 12th. The company reported ($0.10) earnings per share (EPS) for the quarter. The business had revenue of $0.05 million for the quarter. SOBR Safe had a negative net margin of 5,357.47% and a negative return on equity of 347.61%.

SOBR Safe Company Profile

SOBR Safe, Inc, a hardware and software company, develops non-invasive alcohol detection, biometric identity verification, and real-time cloud-based alerts and reporting systems in North America. The company provides SOBRcheck, a stationary identification and alcohol monitoring product; and SOBRsure, a transdermal, alcohol-detecting wearable band.