SOBR Safe, Inc. (NASDAQ:SOBR) Sees Large Growth in Short Interest

SOBR Safe, Inc. (NASDAQ:SOBR) was the recipient of a significant increase in short interest during the month of June. As of June 30th, there was short interest totalling 1,380,000 shares, an increase of 292.8% from the June 15th total of 351,300 shares. Based on an average daily volume of 10,350,000 shares, the short-interest ratio is currently 0.1 days. Currently, 5.7% of the shares of the company are short sold.

SOBR Safe Trading Up 3.7 %

NASDAQ:SOBR opened at $0.16 on Friday. SOBR Safe has a one year low of $0.13 and a one year high of $1.80. The firm’s fifty day moving average price is $0.23 and its two-hundred day moving average price is $0.39.

SOBR Safe (NASDAQ:SOBR) last released its quarterly earnings results on Wednesday, May 15th. The company reported ($0.21) EPS for the quarter. SOBR Safe had a negative net margin of 6,404.43% and a negative return on equity of 315.26%. The business had revenue of $0.05 million during the quarter.

About SOBR Safe

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 offers SOBRcheck, a stationary identification and alcohol monitoring product; SOBRsure, a transdermal, alcohol-detecting wearable band; and SOBRSafe software platform for non-invasive alcohol detection and identity verification.