Socket Mobile, Inc. (NASDAQ:SCKT) Sees Large Decline in Short Interest

Socket Mobile, Inc. (NASDAQ:SCKT) was the recipient of a significant decrease in short interest in the month of December. As of December 31st, there was short interest totalling 10,100 shares, a decrease of 29.9% from the December 15th total of 14,400 shares. Based on an average trading volume of 28,000 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.2% of the shares of the company are sold short.

Socket Mobile Trading Up 1.3 %

NASDAQ:SCKT traded up $0.02 during mid-day trading on Friday, hitting $1.53. The stock had a trading volume of 13,611 shares, compared to its average volume of 19,719. Socket Mobile has a 52 week low of $0.91 and a 52 week high of $1.62. The stock has a market capitalization of $11.64 million, a price-to-earnings ratio of -6.95 and a beta of 1.02. The company has a 50 day simple moving average of $1.41 and a 200-day simple moving average of $1.22.

Socket Mobile Company Profile

Socket Mobile, Inc provides data capture and delivery solutions in the United States, Europe, Asia, and internationally. Its products and solutions are integrated into mobile applications for applications in the areas of point of sale, commercial services, asset tracking, manufacturing and quality control processes, transportation and logistics, event management, medical, and education.