SOBR Safe, Inc. (NASDAQ:SOBR) Short Interest Down 83.3% in July

SOBR Safe, Inc. (NASDAQ:SOBR) saw a large decrease in short interest in July. As of July 15th, there was short interest totalling 230,100 shares, a decrease of 83.3% from the June 30th total of 1,380,000 shares. Based on an average daily volume of 10,590,000 shares, the short-interest ratio is currently 0.0 days. Approximately 1.0% of the company’s shares are short sold.

SOBR Safe Stock Performance

Shares of NASDAQ:SOBR remained flat at $0.16 during trading on Friday. 492,981 shares of the stock were exchanged, compared to its average volume of 1,588,372. The firm has a market cap of $3.12 million, a PE ratio of -0.25 and a beta of 1.21. The firm’s fifty day moving average is $0.21 and its two-hundred day moving average is $0.37. SOBR Safe has a twelve month low of $0.13 and a twelve month high of $1.80.

SOBR Safe (NASDAQ:SOBR) last issued its quarterly earnings results on Wednesday, May 15th. The company reported ($0.21) earnings per share 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.

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 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.