Micropolis Holding Co (NYSEAMERICAN:MCRP) Short Interest Up 49.5% in July

Micropolis Holding Co (NYSEAMERICAN:MCRP) saw a large growth in short interest in the month of July. As of July 31st, there was short interest totaling 189,513 shares, a growth of 49.5% from the July 15th total of 126,806 shares. Approximately 0.5% of the company’s shares are short sold. Based on an average daily trading volume, of 220,128 shares, the short-interest ratio is presently 0.9 days.

Micropolis Trading Up 12.0%

NYSEAMERICAN MCRP traded up $0.14 on Tuesday, reaching $1.30. 601,922 shares of the stock traded hands, compared to its average volume of 328,643. The company has a fifty day moving average price of $1.49 and a 200-day moving average price of $2.44. Micropolis has a 12 month low of $0.69 and a 12 month high of $4.62.

Hedge Funds Weigh In On Micropolis

Several institutional investors have recently bought and sold shares of MCRP. PEAK6 LLC bought a new position in shares of Micropolis in the 4th quarter worth $376,000. WMG Financial Advisors LLC purchased a new stake in shares of Micropolis during the 4th quarter worth $114,000. XTX Topco Ltd bought a new stake in Micropolis during the fourth quarter valued at about $57,000. Finally, Renaissance Technologies LLC bought a new stake in Micropolis during the first quarter valued at about $42,000.

About Micropolis

Micropolis Digital Development FZ-LLC (“Micropolis Dubai”), our wholly-owned subsidiary, is a robotics manufacturer founded in 2014, based in the United Arab Emirates (“UAE”) with its headquarters located in Dubai Production City, Dubai, UAE. We specialize in developing autonomous mobile robots (“AMRs”) that utilize wheeled electric vehicle (“EV”) platforms and are equipped with autonomous driving capabilities. We have historically conducted our business through Micropolis Dubai. For purposes of this Offering, in February 2023, we incorporated Micropolis Holding Company (“Micropolis Cayman”), an exempted company with limited liability under the laws of the Cayman Islands, as the listing vehicle for this Offering.