Minim, Inc. (NASDAQ:MINM – Get Free Report) was the recipient of a large drop in short interest in June. As of June 15th, there was short interest totalling 77,100 shares, a drop of 14.5% from the May 31st total of 90,200 shares. Currently, 6.8% of the shares of the stock are short sold. Based on an average trading volume of 778,700 shares, the days-to-cover ratio is presently 0.1 days.
Minim Stock Down 2.7 %
Shares of NASDAQ MINM opened at $3.24 on Friday. Minim has a 1 year low of $0.60 and a 1 year high of $10.28. The firm’s 50-day moving average is $3.55 and its 200-day moving average is $4.00.
Minim (NASDAQ:MINM – Get Free Report) last issued its earnings results on Friday, April 12th. The company reported ($0.34) earnings per share (EPS) for the quarter. The business had revenue of $1.46 million during the quarter. Minim had a negative net margin of 105.18% and a negative return on equity of 1,144.78%.
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.
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