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

Mips AB (publ) (OTCMKTS:MPZAF) was the recipient of a large drop in short interest in the month of July. As of July 31st, there was short interest totaling 420,715 shares, a drop 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 presently 495.0 days.

Mips AB (publ) Stock Performance

Shares of OTCMKTS MPZAF remained flat at $44.04 during midday trading on Friday. Mips AB has a 52-week low of $23.36 and a 52-week high of $44.04. The firm’s 50 day moving average price is $30.98 and its 200 day moving average price 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.