Micropolis Holding Co (NYSEAMERICAN:MCRP) Short Interest Update

Micropolis Holding Co (NYSEAMERICAN:MCRP) was the target of a large decline in short interest in June. As of June 15th, there was short interest totaling 32,480 shares, a decline of 43.9% from the May 31st total of 57,876 shares. Based on an average daily volume of 112,939 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.1% of the shares of the company are sold short.

Micropolis Trading Down 7.9%

Shares of NYSEAMERICAN:MCRP opened at $1.63 on Friday. The stock’s 50 day simple moving average is $2.30. Micropolis has a 12-month low of $0.69 and a 12-month high of $4.62.

Institutional Investors Weigh In On Micropolis

A number of large investors have recently added to or reduced their stakes in MCRP. WMG Financial Advisors LLC bought a new position in Micropolis during the 4th quarter worth $114,000. PEAK6 LLC bought a new position in shares of Micropolis in the fourth quarter worth $376,000. XTX Topco Ltd acquired a new position in Micropolis in the fourth quarter valued at about $57,000. Finally, Renaissance Technologies LLC acquired a new position in Micropolis in the first quarter valued at about $42,000.

About Micropolis

Micropolis Digital Development FZ-LLC (“Micropolis Dubai”), our wholly-owned subsidiary, is a robotics manufacturer founded in 2014, based in the United Arab Emirates (“UAE”) with its headquarters located in Dubai Production City, Dubai, UAE. We specialize in developing autonomous mobile robots (“AMRs”) that utilize wheeled electric vehicle (“EV”) platforms and are equipped with autonomous driving capabilities. We have historically conducted our business through Micropolis Dubai. For purposes of this Offering, in February 2023, we incorporated Micropolis Holding Company (“Micropolis Cayman”), an exempted company with limited liability under the laws of the Cayman Islands, as the listing vehicle for this Offering.