Short Interest in Mips AB (publ) (OTCMKTS:MPZAF) Decreases By 52.8%

Mips AB (publ) (OTCMKTS:MPZAF) was the target of a large decline in short interest during the month of July. As of July 31st, there was short interest totaling 420,715 shares, a decline of 52.8% from the July 15th total of 892,142 shares. Based on an average trading volume of 850 shares, the days-to-cover ratio is currently 495.0 days.

Mips AB (publ) Price Performance

Shares of Mips AB (publ) stock remained flat at $44.04 on Friday. Mips AB has a twelve month low of $23.36 and a twelve month high of $44.04. The company has a 50-day simple moving average of $30.98 and a 200 day simple moving average of $33.08.

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.