Short Interest in Mips AB (publ) (OTCMKTS:MPZAF) Drops By 46.2%

Mips AB (publ) (OTCMKTS:MPZAF) saw a large drop in short interest in the month of June. As of June 30th, there was short interest totaling 432,870 shares, a drop of 46.2% from the June 15th total of 804,318 shares. Based on an average daily volume of 92 shares, the short-interest ratio is presently 4,705.1 days.

Mips AB (publ) Stock Performance

Shares of MPZAF stock remained flat at $26.00 on Friday. The stock has a 50-day simple moving average of $26.82 and a 200 day simple moving average of $33.97. Mips AB has a 52-week low of $23.36 and a 52-week high of $32.00.

Mips AB (publ) Company Profile

Mips AB (publ) develops, manufactures, and sells helmet-based safety systems in North America, Europe, Sweden, Asia, and Australia. It offers sport helmets, which include bike, snow, equestrian, and team sports helmets, as well as other helmets, such as climbing, snowmobiling, and white-water rafting helmets; moto helmets comprising on-road and off-road helmets, including scooter, mobiling, car driving, and other helmets that involves travel and high speed activities; and safety helmets for construction, manufacturing, mining, and oil industries, as well as military, police force, and rescue services.