Micware Co., Ltd. (NASDAQ:MWC) Stock Short Interest Report for September

Micware Co., Ltd. (NASDAQ:MWC) saw a large decrease in short interest in September. As of September 30th, there was short interest totaling 28,305 shares, a decrease of 85.7% from the September 15th total of 198,324 shares. Based on an average daily volume of 126,066 shares, the short-interest ratio is currently 0.2 days. Approximately 0.0% of the company’s shares are short sold.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings initiated coverage on shares of Micware in a research report on Tuesday, August 11th. They issued a “sell (e-)” rating on the stock. One research analyst has rated the stock with a Sell rating. According to MarketBeat, the company currently has a consensus rating of “Sell”.

Micware Price Performance

Micware stock traded up $0.13 during trading hours on Friday, reaching $1.58. The company had a trading volume of 136,216 shares, compared to its average volume of 189,506. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.66 and a quick ratio of 1.65. Micware has a 12-month low of $0.78 and a 12-month high of $13.95. The stock has a 50-day simple moving average of $1.57.

About Micware

Micware is a Japanese technology company that develops software and digital solutions for the automotive and mobility industries. Its work focuses on in-vehicle navigation, location-based services and connected-car applications.

The company provides software for automotive infotainment systems, including mapping, route guidance, vehicle positioning and related user-interface functions. Micware also develops technologies that can connect vehicles with smartphones, cloud services and other digital platforms.

Micware serves automotive manufacturers, suppliers and mobility-related businesses, primarily through its operations in Japan and its work supporting vehicle software platforms.