Mips AB (publ) (OTCMKTS:MPZAF) Sees Large Growth in Short Interest

Mips AB (publ) (OTCMKTS:MPZAFGet Free Report) was the recipient of a significant growth in short interest during the month of July. As of July 15th, there was short interest totaling 892,142 shares, a growth of 106.1% from the June 30th total of 432,870 shares. Based on an average trading volume of 118 shares, the days-to-cover ratio is currently 7,560.5 days.

Mips AB (publ) Stock Performance

MPZAF stock remained flat at $44.04 during mid-day trading on Thursday. 100 shares of the company’s stock were exchanged, compared to its average volume of 340. The company’s fifty day moving average price is $26.97 and its 200 day moving average price is $33.05. Mips AB has a 12 month low of $23.36 and a 12 month high of $44.04.

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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