Mips AB (publ) (OTCMKTS:MPZAF) Sees Significant Growth in Short Interest

Mips AB (publ) (OTCMKTS:MPZAF) was the recipient of a large increase in short interest during the month of July. As of July 15th, there was short interest totaling 892,142 shares, an increase of 106.1% from the June 30th total of 432,870 shares. Based on an average trading volume of 118 shares, the short-interest ratio is currently 7,560.5 days.

Mips AB (publ) Price Performance

OTCMKTS:MPZAF opened at $44.04 on Friday. Mips AB has a 1-year low of $23.36 and a 1-year high of $44.04. The firm has a 50 day simple moving average of $27.28 and a 200-day simple moving average of $33.05.

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.