Micware Co., Ltd. (NASDAQ:MWC) Stock Short Interest Report for September

Micware Co., Ltd. (NASDAQ:MWC) saw a significant drop in short interest in September. As of September 30th, there was short interest totaling 28,305 shares, a drop of 85.7% from the September 15th total of 198,324 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average trading volume of 126,066 shares, the days-to-cover ratio is currently 0.2 days.

Micware Stock Up 5.7%

NASDAQ MWC traded up $0.09 on Monday, reaching $1.67. The stock had a trading volume of 154,296 shares, compared to its average volume of 744,593. The company’s fifty day moving average price is $1.57. Micware has a 12-month low of $0.78 and a 12-month high of $13.95. The company has a quick ratio of 1.65, a current ratio of 1.66 and a debt-to-equity ratio of 0.31.

Analysts Set New Price Targets

Separately, Weiss Ratings assumed coverage on Micware in a report on Tuesday, August 11th. They issued a “sell (e-)” rating on the stock. One investment analyst has rated the stock with a Sell rating. Based on data from MarketBeat.com, the company has a consensus rating of “Sell”.

About Micware

Micware is a Japanese technology company that develops software and digital solutions for the automotive and mobility industries. Its work focuses on in-vehicle navigation, location-based services and connected-car applications.

The company provides software for automotive infotainment systems, including mapping, route guidance, vehicle positioning and related user-interface functions. Micware also develops technologies that can connect vehicles with smartphones, cloud services and other digital platforms.

Micware serves automotive manufacturers, suppliers and mobility-related businesses, primarily through its operations in Japan and its work supporting vehicle software platforms.