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

Microwave Filter Co. (OTCMKTS:MFCO) was the recipient of a significant decline in short interest in 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. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 826 shares, the days-to-cover ratio is currently 0.2 days.

Microwave Filter Trading Up 2.1%

Shares of OTCMKTS MFCO traded up $0.03 during mid-day trading on Friday, reaching $1.45. The company had a trading volume of 7,853 shares, compared to its average volume of 4,933. The stock has a market cap of $3.73 million, a price-to-earnings ratio of 24.17 and a beta of 0.16. Microwave Filter has a 52 week low of $0.32 and a 52 week high of $1.49. The business’s 50-day moving average is $1.10 and its 200-day moving average is $0.82.

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