Short Interest in SOBR Safe, Inc. (NASDAQ:SOBR) Decreases By 97.9%

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

SOBR Safe Stock Down 4.4 %

Shares of SOBR stock traded down $0.32 during mid-day trading on Thursday, hitting $6.89. 112,568 shares of the company’s stock were exchanged, compared to its average volume of 132,944. The stock has a market cap of $137.85 million, a price-to-earnings ratio of -11.11 and a beta of 1.11. The stock has a 50-day simple moving average of $1.00 and a two-hundred day simple moving average of $0.51. SOBR Safe has a fifty-two week low of $3.70 and a fifty-two week high of $110.00.

SOBR Safe (NASDAQ:SOBR) last announced its quarterly earnings results on Monday, August 12th. The company reported ($0.10) earnings per share for the quarter. SOBR Safe had a negative net margin of 5,357.47% and a negative return on equity of 347.61%. The company had revenue of $0.05 million during the quarter.

About SOBR Safe

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.