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

Mips AB (publ) (OTCMKTS:MPZAFGet Free Report) was the recipient of a large drop in short interest in 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 trading volume of 92 shares, the days-to-cover ratio is presently 4,705.1 days.

Mips AB (publ) Price Performance

MPZAF remained flat at $26.00 on Thursday. The stock has a 50 day moving average price of $26.93 and a 200 day moving average price of $34.10. Mips AB has a fifty-two week low of $23.36 and a fifty-two week high of $32.00.

About Mips AB (publ)

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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.

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