Mitesco, Inc. (OTCMKTS:MITI – Get Free Report) was the recipient of a significant growth in short interest in the month of July. As of July 31st, there was short interest totaling 109,374 shares, a growth of 118.9% from the July 15th total of 49,976 shares. Based on an average daily volume of 377,181 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.4% of the company’s shares are sold short.
Mitesco Trading Down 6.3%
Mitesco stock traded down $0.00 during midday trading on Friday, hitting $0.03. 100,914 shares of the stock were exchanged, compared to its average volume of 208,773. The stock’s 50-day simple moving average is $0.06 and its 200 day simple moving average is $0.08. Mitesco has a fifty-two week low of $0.03 and a fifty-two week high of $0.40. The stock has a market capitalization of $1.32 million, a price-to-earnings ratio of -0.09 and a beta of 5.03.
Mitesco (OTCMKTS:MITI – Get Free Report) last posted its earnings results on Wednesday, May 20th. The company reported ($0.05) earnings per share for the quarter.
About Mitesco
Mitesco, Inc does not have significant operations. Previously, it was engaged in healthcare technology and services business. Mitesco, Inc is based in Vero Beach, Florida.
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