Mitesco, Inc. (OTCMKTS:MITI) Short Interest Up 137.3% in May

Mitesco, Inc. (OTCMKTS:MITIGet Free Report) was the recipient of a large growth in short interest during the month of May. As of May 29th, there was short interest totaling 16,885 shares, a growth of 137.3% from the May 14th total of 7,115 shares. Based on an average trading volume of 327,352 shares, the short-interest ratio is presently 0.1 days. Currently, 0.1% of the company’s shares are short sold.

Mitesco Stock Performance

Shares of MITI stock opened at $0.08 on Monday. Mitesco has a 52-week low of $0.04 and a 52-week high of $0.40. The firm has a market capitalization of $1.68 million, a P/E ratio of -0.24 and a beta of 4.89. The stock has a 50 day moving average price of $0.08 and a 200 day moving average price of $0.10.

Mitesco (OTCMKTS:MITIGet Free Report) last issued its quarterly earnings results on Wednesday, May 20th. The company reported ($0.05) earnings per share (EPS) for the quarter. Mitesco had a negative return on equity of 2.18% and a negative net margin of 7,638.20%.

Mitesco Company Profile

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Mitesco, Inc does not have significant operations. Previously, it was engaged in healthcare technology and services business. Mitesco, Inc is based in Vero Beach, Florida.

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