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 days-to-cover ratio is currently 0.1 days. Currently, 6.8% of the shares of the stock are sold short.

Minim Trading Up 3.4 %

Shares of MINM traded up $0.11 during trading hours on Tuesday, reaching $3.34. 14,400 shares of the stock traded hands, 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 company’s 50-day moving average price is $3.54 and its two-hundred 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 released its earnings results on Monday, May 20th. The company reported ($1.18) earnings per share for the quarter. Minim had a negative net margin of 105.18% and a negative return on equity of 1,144.78%. The firm had revenue of $0.64 million for the quarter.

Minim Company Profile

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.