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

SOBR Safe, Inc. (NASDAQ:SOBR) saw a significant decrease in short interest in February. As of February 15th, there was short interest totalling 116,800 shares, a decrease of 53.3% from the January 31st total of 250,200 shares. Based on an average daily trading volume, of 4,090,000 shares, the short-interest ratio is presently 0.0 days. Approximately 28.7% of the shares of the stock are sold short.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in SOBR Safe stock. Cetera Investment Advisers purchased a new stake in shares of SOBR Safe, Inc. (NASDAQ:SOBR) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm purchased 71,000 shares of the company’s stock, valued at approximately $82,000. Cetera Investment Advisers owned about 7.72% of SOBR Safe as of its most recent filing with the Securities & Exchange Commission. 7.93% of the stock is owned by institutional investors and hedge funds.

SOBR Safe Price Performance

SOBR stock traded down $0.20 during midday trading on Monday, reaching $0.56. 2,838,934 shares of the stock were exchanged, compared to its average volume of 4,708,132. The stock has a market capitalization of $518,071.80, a PE ratio of -0.01 and a beta of 0.63. SOBR Safe has a 52 week low of $0.43 and a 52 week high of $87.95. The company has a fifty day moving average price of $0.98 and a 200 day moving average price of $2.59.

SOBR Safe Company Profile

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.