Moving iMage Technologies, Inc. (NYSEAMERICAN:MITQ) Short Interest Down 22.5% in January

Moving iMage Technologies, Inc. (NYSEAMERICAN:MITQ) was the target of a large drop in short interest in January. As of January 15th, there was short interest totaling 33,420 shares, a drop of 22.5% from the December 31st total of 43,135 shares. Based on an average daily trading volume, of 42,163 shares, the short-interest ratio is presently 0.8 days. Currently, 0.5% of the company’s stock are sold short. Currently, 0.5% of the company’s stock are sold short. Based on an average daily trading volume, of 42,163 shares, the short-interest ratio is presently 0.8 days.

Moving iMage Technologies Stock Down 3.7%

Shares of Moving iMage Technologies stock traded down $0.03 on Tuesday, reaching $0.72. The stock had a trading volume of 50,249 shares, compared to its average volume of 32,269. The stock has a market capitalization of $7.16 million, a P/E ratio of -18.00 and a beta of 0.52. The company has a 50 day moving average price of $0.72 and a 200 day moving average price of $0.81. Moving iMage Technologies has a 1 year low of $0.50 and a 1 year high of $1.66.

Moving iMage Technologies (NYSEAMERICAN:MITQ) last announced its earnings results on Friday, November 14th. The company reported $0.05 earnings per share for the quarter. The company had revenue of $5.58 million during the quarter. Moving iMage Technologies had a negative net margin of 2.24% and a negative return on equity of 8.11%.

Institutional Investors Weigh In On Moving iMage Technologies

A hedge fund recently bought a new stake in Moving iMage Technologies stock. Citadel Advisors LLC purchased a new stake in Moving iMage Technologies, Inc. (NYSEAMERICAN:MITQ) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 35,570 shares of the company’s stock, valued at approximately $33,000. Citadel Advisors LLC owned 0.36% of Moving iMage Technologies at the end of the most recent quarter. 2.23% of the stock is owned by institutional investors.

Moving iMage Technologies Company Profile

Moving iMage Technologies, Inc, trading on the NYSE American under the symbol MITQ, designs, manufactures and integrates digital signage solutions for a wide range of industries. The company’s core offerings encompass both hardware and software platforms that support high-definition displays, interactive kiosks and touchscreen environments. Moving iMage’s systems are engineered to deliver dynamic content, remote monitoring and scalable network deployment to meet evolving customer needs.

Its product lineup includes commercial-grade LCD and LED displays, media players, digital signage enclosures and interactive touchscreen modules.