SOBR Safe, Inc. (NASDAQ:SOBR) Short Interest Update

SOBR Safe, Inc. (NASDAQ:SOBR - Get Free Report) was the target of a large increase in short interest in the month of October. As of October 15th, there was short interest totalling 93,300 shares, an increase of 2,727.3% from the September 30th total of 3,300 shares. Based on an average trading volume of 454,100 shares, the short-interest ratio is presently 0.2 days. Currently, 4.8% of the shares of the company are sold short.

SOBR Safe Trading Down 11.5 %

Shares of SOBR stock traded down $0.92 during trading hours on Friday, hitting $7.08. The company's stock had a trading volume of 98,710 shares, compared to its average volume of 173,671. The stock has a market cap of $141.65 million, a PE ratio of -11.42 and a beta of 1.11. SOBR Safe has a 12-month low of $3.70 and a 12-month high of $92.40. The company has a 50 day moving average of $2.80 and a 200 day moving average of $1.11.

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

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.