Mips AB (publ) (OTCMKTS:MPZAF) Short Interest Down 52.8% in July

Mips AB (publ) (OTCMKTS:MPZAF) was the target of a significant decline in short interest during the month of July. As of July 31st, there was short interest totaling 420,715 shares, a decline of 52.8% from the July 15th total of 892,142 shares. Based on an average trading volume of 850 shares, the days-to-cover ratio is currently 495.0 days.

Mips AB (publ) Price Performance

OTCMKTS:MPZAF remained flat at $44.04 during mid-day trading on Monday. Mips AB has a 52-week low of $23.36 and a 52-week high of $44.04. The stock’s 50 day simple moving average is $30.98 and its 200-day simple moving average is $33.00.

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.