The stock of Socket Mobile Inc (NASDAQ:SCKT) registered a decrease of 9.05% in short interest. SCKT’s total short interest was 18,100 shares in October as published by FINRA. Its down 9.05% from 19,900 shares, reported previously. With 10,100 shares average volume, it will take short sellers 2 days to cover their SCKT’s short positions. The short interest to Socket Mobile Inc’s float is 0.46%.
The stock decreased 15.86% or $0.36 during the last trading session, reaching $1.91. About 76,546 shares traded or 520.26% up from the average. Socket Mobile, Inc. (NASDAQ:SCKT) has risen 9.92% since October 26, 2018 and is uptrending. It has outperformed by 9.92% the S&P500.
Socket Mobile, Inc. produces data capture products for mobile applications used in business mobility markets in the United States, Europe, Asia, and internationally. The company has market cap of $11.46 million. The companyÂ’s products are incorporated into mobile applications used in mobile point of sale, enterprise mobility, asset tracking, control systems, logistics, event management, medical, and education. It has a 173.64 P/E ratio. It provides cordless data capture devices that connect over Bluetooth and work with applications running on smartphones, mobile computers, and tablets; and software developer kits to mobile application developers to enable them to integrate its products into their applications.
More notable recent Socket Mobile, Inc. (NASDAQ:SCKT) news were published by: Finance.Yahoo.com which released: “How Should Investors React To Socket Mobile, Inc.’s (NASDAQ:SCKT) CEO Pay? – Yahoo Finance” on July 24, 2019, also Finance.Yahoo.com with their article: “How Much Of Socket Mobile, Inc. (NASDAQ:SCKT) Do Insiders Own? – Yahoo Finance” published on October 25, 2019, Seekingalpha.com published: “Quantitative Vs. Qualitative Research: Which One Is For You? – Seeking Alpha” on September 22, 2015. More interesting news about Socket Mobile, Inc. (NASDAQ:SCKT) were released by: Finance.Yahoo.com and their article: “Some Socket Mobile (NASDAQ:SCKT) Shareholders Are Down 33% – Yahoo Finance” published on May 24, 2019 as well as Prnewswire.com‘s news article titled: “Socket Mobile Announces 2019 Second Quarter Results Release Date and Conference Call – PRNewswire” with publication date: July 18, 2019.
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