Short Interest in Mips AB (publ) (OTCMKTS:MPZAF) Grows By 77.8%

Mips AB (publ) (OTCMKTS:MPZAF) was the target of a significant increase in short interest in the month of May. As of May 15th, there was short interest totaling 366,932 shares, an increase of 77.8% from the April 30th total of 206,395 shares. Based on an average daily trading volume, of 376 shares, the days-to-cover ratio is currently 975.9 days.

Mips AB (publ) Stock Down 8.8%

Shares of MPZAF stock opened at $25.90 on Tuesday. The stock has a 50-day simple moving average of $26.78 and a 200 day simple moving average of $38.33. Mips AB has a fifty-two week low of $23.36 and a fifty-two week 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.