Sonim Technologies Inc (NASDAQ:SONM) Short Interest Update

Source: techknowbits.com

Sonim Technologies Inc (NASDAQ:SONM) was the target of a significant increase in short interest in December. As of December 31st, there was short interest totalling 371,500 shares, an increase of 50.3% from the December 15th total of 247,200 shares. Approximately 2.8% of the company’s stock are short sold. Based on an average daily volume of 149,000 shares, the short-interest ratio is presently 2.5 days.

A number of equities research analysts recently weighed in on SONM shares.