Short Interest in Microwave Filter Co. (OTCMKTS:MFCO) Drops By 36.3%

Microwave Filter Co. (OTCMKTS:MFCO) was the target of a significant decline in short interest during the month of June. As of June 30th, there was short interest totaling 158 shares, a decline of 36.3% from the June 15th total of 248 shares. Based on an average daily trading volume, of 826 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.0% of the shares of the stock are sold short.

Microwave Filter Stock Up 2.1%

Shares of OTCMKTS:MFCO opened at $1.45 on Friday. The firm has a market cap of $3.73 million, a P/E ratio of 24.17 and a beta of 0.16. Microwave Filter has a 12 month low of $0.32 and a 12 month high of $1.49. The company’s 50-day moving average price is $1.11 and its two-hundred day moving average price is $0.82.

Microwave Filter (OTCMKTS:MFCO) last announced its earnings results on Tuesday, May 12th. The company reported $0.07 earnings per share for the quarter. The company had revenue of $0.73 million during the quarter.

About Microwave Filter

Microwave Filter Company, Inc designs, develops, manufactures, and sells electronic filters for radio and microwave frequencies primarily in the United States. It manufactures RF filters and related components for eliminating interference and facilitating signal processing for cable television, broadcast, commercial and military communications, avionics, radar, navigation, and defense markets. The company also designs waveguide, stripline/microstrip, transmission line, miniature/subminiature, and lumped constant filters.