SOBR Safe, Inc. (NASDAQ:SOBR) Sees Large Growth in Short Interest

SOBR Safe, Inc. (NASDAQ:SOBR) was the target of a large growth in short interest in June. As of June 30th, there was short interest totalling 1,380,000 shares, a growth of 292.8% from the June 15th total of 351,300 shares. Approximately 5.7% of the shares of the stock are sold short. Based on an average daily trading volume, of 10,350,000 shares, the days-to-cover ratio is presently 0.1 days.

SOBR Safe Stock Up 3.7 %

SOBR stock opened at $0.16 on Friday. SOBR Safe has a twelve month low of $0.13 and a twelve month high of $1.80. The stock has a 50-day simple moving average of $0.23 and a two-hundred day simple moving average of $0.39.

SOBR Safe (NASDAQ:SOBR) last posted its earnings results on Wednesday, May 15th. The company reported ($0.21) earnings per share for the quarter. The company had revenue of $0.05 million for the quarter. SOBR Safe had a negative net margin of 6,404.43% and a negative return on equity of 315.26%.

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 offers SOBRcheck, a stationary identification and alcohol monitoring product; SOBRsure, a transdermal, alcohol-detecting wearable band; and SOBRSafe software platform for non-invasive alcohol detection and identity verification.