Short Interest in Mips AB (publ) (OTCMKTS:MPZAF) Declines By 52.8%

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

Mips AB (publ) Price Performance

OTCMKTS MPZAF remained flat at $44.04 during trading hours on Friday. Mips AB has a 1-year low of $23.36 and a 1-year high of $44.04. The business’s 50 day simple moving average is $30.98 and its 200 day simple moving average is $33.08.

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.