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

SOBR Safe, Inc. (NASDAQ:SOBR) was the target of a large increase in short interest during 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. Currently, 4.8% of the shares of the stock are sold short. Based on an average daily volume of 454,100 shares, the short-interest ratio is presently 0.2 days.

SOBR Safe Trading Down 11.5 %

SOBR Safe stock traded down $0.92 during mid-day trading on Friday, reaching $7.08. The company had a trading volume of 99,468 shares, compared to its average volume of 1,437,999. The business has a fifty day simple moving average of $2.80 and a 200 day simple moving average of $1.12. The company has a market cap of $2.19 million, a P/E ratio of -0.11 and a beta of 1.11. SOBR Safe has a fifty-two week low of $3.70 and a fifty-two week high of $92.40.

SOBR Safe (NASDAQ:SOBR) last released its quarterly earnings data on Monday, August 12th. The company reported ($0.10) earnings per share for the quarter. SOBR Safe had a negative net margin of 5,357.47% and a negative return on equity of 347.61%. The firm had revenue of $0.05 million for 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 provides SOBRcheck, a stationary identification and alcohol monitoring product; and SOBRsure, a transdermal, alcohol-detecting wearable band.