SOBR Safe, Inc. (NASDAQ:SOBR) Short Interest Down 97.9% in September

SOBR Safe, Inc. (NASDAQ:SOBR) was the target of a large drop in short interest in the month of September. As of September 30th, there was short interest totalling 3,300 shares, a drop of 97.9% from the September 15th total of 153,900 shares. Currently, 1.3% of the company’s stock are sold short. Based on an average daily trading volume, of 304,200 shares, the days-to-cover ratio is currently 0.0 days.

SOBR Safe Trading Down 4.4 %

SOBR stock traded down $0.32 during trading on Thursday, reaching $6.89. The stock had a trading volume of 112,568 shares, compared to its average volume of 132,944. The firm has a fifty day moving average price of $1.00 and a 200 day moving average price of $0.51. The company has a market capitalization of $137.85 million, a P/E ratio of -11.11 and a beta of 1.11. SOBR Safe has a 1-year low of $3.70 and a 1-year high of $110.00.

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