Short Interest in Mips AB (publ) (OTCMKTS:MPZAF) Declines By 46.2%

Mips AB (publ) (OTCMKTS:MPZAF) was the recipient of a large decrease in short interest in June. As of June 30th, there was short interest totaling 432,870 shares, a decrease of 46.2% from the June 15th total of 804,318 shares. Based on an average daily volume of 92 shares, the short-interest ratio is currently 4,705.1 days.

Mips AB (publ) Stock Performance

Shares of Mips AB (publ) stock opened at $26.00 on Wednesday. The stock’s 50-day moving average is $27.04 and its 200-day moving average is $34.24. Mips AB has a one year low of $23.36 and a one year high of $32.00.

About Mips AB (publ)

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.