Micropolis Holding Co (NYSEAMERICAN:MCRP) Short Interest Down 43.9% in June

Micropolis Holding Co (NYSEAMERICAN:MCRP) saw a significant decline in short interest in June. As of June 15th, there was short interest totaling 32,480 shares, a decline of 43.9% from the May 31st total of 57,876 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average trading volume of 112,939 shares, the short-interest ratio is currently 0.3 days.

Micropolis Stock Down 3.3%

NYSEAMERICAN MCRP traded down $0.06 during trading on Wednesday, reaching $1.77. The company’s stock had a trading volume of 66,481 shares, compared to its average volume of 1,233,017. The stock has a fifty day moving average of $2.32. Micropolis has a one year low of $0.69 and a one year high of $4.62.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. Renaissance Technologies LLC bought a new stake in shares of Micropolis in the first quarter worth about $42,000. XTX Topco Ltd bought a new stake in shares of Micropolis in the 4th quarter worth approximately $57,000. WMG Financial Advisors LLC bought a new stake in shares of Micropolis in the 4th quarter worth approximately $114,000. Finally, PEAK6 LLC purchased a new position in shares of Micropolis during the fourth quarter valued at approximately $376,000.

Micropolis Company Profile

Micropolis Digital Development FZ-LLC (“Micropolis Dubai”), our wholly-owned subsidiary, is a robotics manufacturer founded in 2014, based in the United Arab Emirates (“UAE”) with its headquarters located in Dubai Production City, Dubai, UAE. We specialize in developing autonomous mobile robots (“AMRs”) that utilize wheeled electric vehicle (“EV”) platforms and are equipped with autonomous driving capabilities. We have historically conducted our business through Micropolis Dubai. For purposes of this Offering, in February 2023, we incorporated Micropolis Holding Company (“Micropolis Cayman”), an exempted company with limited liability under the laws of the Cayman Islands, as the listing vehicle for this Offering.