Moving iMage Technologies, Inc. (NYSEAMERICAN:MITQ) Sees Significant Drop in Short Interest

Moving iMage Technologies, Inc. (NYSEAMERICAN:MITQ) was the recipient of a significant decline in short interest in the month of August. As of August 31st, there was short interest totalling 14,700 shares, a decline of 50.5% from the August 15th total of 29,700 shares. Based on an average daily trading volume, of 1,450,000 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.2% of the shares of the company are short sold.

Shares of MITQ traded down $0.03 during mid-day trading on Friday, hitting $2.92. The stock had a trading volume of 714,770 shares, compared to its average volume of 438,647. Moving iMage Technologies has a 52 week low of $2.86 and a 52 week high of $27.31.

About Moving iMage Technologies

Moving iMage Technologies, Inc, a digital cinema company, designs, manufactures, integrates, installs, and distributes proprietary and custom designed equipment, and other off the shelf cinema products for cinema requirements in the United State, Mexico, and internationally. Its products and services focus on the integration needs associated with the building, modernization, and equipping of motion picture exhibition theatres.

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