Mips AB (publ) (OTCMKTS:MPZAF) Sees Large Increase in Short Interest

Mips AB (publ) (OTCMKTS:MPZAF) was the recipient of a large growth in short interest in May. As of May 29th, there was short interest totaling 578,323 shares, a growth of 57.6% from the May 14th total of 366,932 shares. Based on an average daily volume of 23 shares, the short-interest ratio is currently 25,144.5 days.

Mips AB (publ) Stock Performance

MPZAF stock remained flat at $25.48 during midday trading on Wednesday. The company had a trading volume of 218 shares, compared to its average volume of 369. The stock’s fifty day moving average is $26.89 and its 200-day moving average is $36.87. Mips AB has a 52-week low of $23.36 and a 52-week high of $32.00.

Mips AB (publ) Company Profile

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.