Short Interest in Micropolis Holding Co (NYSEAMERICAN:MCRP) Drops By 50.7%

Micropolis Holding Co (NYSEAMERICAN:MCRP) saw a large decrease in short interest in July. As of July 15th, there was short interest totaling 126,806 shares, a decrease of 50.7% from the June 30th total of 257,402 shares. Based on an average trading volume of 123,058 shares, the short-interest ratio is presently 1.0 days. Approximately 0.4% of the shares of the stock are short sold.

Micropolis Price Performance

NYSEAMERICAN:MCRP traded up $0.01 on Tuesday, hitting $1.30. The stock had a trading volume of 121,998 shares, compared to its average volume of 341,807. The stock has a fifty day moving average price of $1.87. Micropolis has a 1-year low of $0.69 and a 1-year high of $4.62.

Institutional Trading of Micropolis

Institutional investors and hedge funds have recently bought and sold shares of the business. PEAK6 LLC purchased a new stake in shares of Micropolis during the fourth quarter worth $376,000. WMG Financial Advisors LLC acquired a new position in Micropolis during the 4th quarter worth $114,000. XTX Topco Ltd acquired a new position in Micropolis during the 4th quarter worth $57,000. Finally, Renaissance Technologies LLC purchased a new stake in Micropolis during the 1st quarter worth about $42,000.

About Micropolis

Micropolis Digital Development FZ-LLC (“Micropolis Dubai”), our wholly-owned subsidiary, is a robotics manufacturer founded in 2014, based in the United Arab Emirates (“UAE”) with its headquarters located in Dubai Production City, Dubai, UAE. We specialize in developing autonomous mobile robots (“AMRs”) that utilize wheeled electric vehicle (“EV”) platforms and are equipped with autonomous driving capabilities. We have historically conducted our business through Micropolis Dubai. For purposes of this Offering, in February 2023, we incorporated Micropolis Holding Company (“Micropolis Cayman”), an exempted company with limited liability under the laws of the Cayman Islands, as the listing vehicle for this Offering.