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

Mips AB (publ) (OTCMKTS:MPZAF – Get Free Report) saw a significant increase in short interest in May. As of May 15th, there was short interest totaling 366,932 shares, an increase of 77.8% from the April 30th total of 206,395 shares. Based on an average daily volume of 376 shares, the days-to-cover ratio is presently 975.9 days.

Mips AB (publ) Price Performance

OTCMKTS:MPZAF opened at $25.90 on Thursday. Mips AB has a 1 year low of $23.36 and a 1 year high of $32.00. The business has a fifty day moving average of $26.46 and a 200-day moving average of $38.06.

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Mips AB (publ) Company Profile

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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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