Sonim Technologies, Inc. (NASDAQ:SONM) Short Interest Down 14.1% in February

Sonim Technologies, Inc. (NASDAQ:SONM) was the target of a large decrease in short interest in February. As of February 28th, there was short interest totalling 59,100 shares, a decrease of 14.1% from the February 13th total of 68,800 shares. Based on an average daily volume of 109,300 shares, the short-interest ratio is presently 0.5 days. Currently, 4.1% of the shares of the stock are short sold.

Sonim Technologies Trading Down 2.8 %

Sonim Technologies stock opened at $2.20 on Wednesday. The company has a market capitalization of $10.70 million, a PE ratio of -0.75 and a beta of 2.54. The stock has a 50-day moving average price of $2.70 and a two-hundred day moving average price of $3.00. Sonim Technologies has a 12 month low of $1.87 and a 12 month high of $10.70.

Sonim Technologies Company Profile

Sonim Technologies, Inc provides ruggedized mobile phones and accessories for task workers. The company offers ruggedized mobile phones, such as Sonim XP10, Sonim XP5plus, Sonim XP3plus, and Sonim XP Pro; Sonim mobile hotspot; industrial-grade accessories. It sells its mobile phones and accessories primarily to wireless carriers in the United States and Canada; and sells wireless carrier channels through distribution channels in North America and Europe.