Mitesco, Inc. (OTCMKTS:MITI) Sees Large Drop in Short Interest

Mitesco, Inc. (OTCMKTS:MITIGet Free Report) saw a significant drop in short interest in August. As of August 14th, there was short interest totaling 17,873 shares, a drop of 83.7% from the July 30th total of 109,374 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average trading volume of 368,316 shares, the days-to-cover ratio is currently 0.0 days.

Mitesco Trading Up 9.6%

MITI traded up $0.00 during trading on Thursday, hitting $0.04. The company’s stock had a trading volume of 1,540 shares, compared to its average volume of 129,327. The firm has a market capitalization of $1.93 million, a price-to-earnings ratio of -0.12 and a beta of 5.03. Mitesco has a twelve month low of $0.02 and a twelve month high of $0.40. The business’s fifty day simple moving average is $0.06 and its 200 day simple moving average is $0.08.

Mitesco (OTCMKTS:MITIGet Free Report) last issued its quarterly earnings results on Monday, August 17th. The company reported ($0.05) earnings per share for the quarter. The company had revenue of $0.02 million for the quarter.

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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