Moving iMage Technologies, Inc. (NYSEAMERICAN:MITQ) Sees Large Growth in Short Interest

Moving iMage Technologies, Inc. (NYSEAMERICAN:MITQ) was the target of a large growth in short interest in March. As of March 31st, there was short interest totalling 21,700 shares, a growth of 171.3% from the March 15th total of 8,000 shares. Currently, 0.3% of the company’s stock are sold short. Based on an average daily trading volume, of 1,490,000 shares, the days-to-cover ratio is presently 0.0 days.

Moving iMage Technologies Price Performance

Shares of NYSEAMERICAN:MITQ traded up $0.05 during trading hours on Tuesday, hitting $0.68. The company’s stock had a trading volume of 437,860 shares, compared to its average volume of 734,427. The company has a market capitalization of $6.73 million, a price-to-earnings ratio of -4.53 and a beta of 0.37. The firm’s fifty day moving average price is $0.62 and its 200 day moving average price is $0.64. Moving iMage Technologies has a 52 week low of $0.42 and a 52 week high of $1.55.

Moving iMage Technologies Company Profile

Moving iMage Technologies, Inc designs, manufactures, integrates, installs, and distributes proprietary and custom designed equipment, and other off the shelf cinema products for cinema requirements in the United States and internationally. The company provides automation, pedestal, projection pod, and power management systems; and in-house designed and assembled lighting products and dimmers, as well as distributes digital cinema projectors and servers.