Minim, Inc. (NASDAQ:MINM) Short Interest Update

Minim, Inc. (NASDAQ:MINM) saw a large decline in short interest in June. As of June 15th, there was short interest totalling 77,100 shares, a decline of 14.5% from the May 31st total of 90,200 shares. Based on an average daily trading volume, of 778,700 shares, the short-interest ratio is currently 0.1 days. Currently, 6.8% of the shares of the stock are sold short.

Minim Trading Up 3.4 %

NASDAQ:MINM traded up $0.11 during trading hours on Tuesday, hitting $3.34. 14,400 shares of the stock were exchanged, compared to its average volume of 2,251,101. Minim has a 52-week low of $0.60 and a 52-week high of $10.28. The firm’s fifty day moving average price is $3.54 and its 200 day moving average price is $4.00. The company has a market cap of $9.39 million, a P/E ratio of -0.41 and a beta of 2.93.

Minim (NASDAQ:MINM) last posted its quarterly earnings data on Monday, May 20th. The company reported ($1.18) EPS for the quarter. Minim had a negative return on equity of 1,144.78% and a negative net margin of 105.18%. The firm had revenue of $0.64 million for the quarter.

About Minim

Minim, Inc, together with its subsidiaries, delivers intelligent networking products that connects homes and offices in North America and internationally. It offers hardware products, including cable modems, cable modem/routers, gateways, mobile broadband modems, wireless routers, routers, multimedia over coax adapters, mesh home networking devices, mesh systems, and other local area network products.