Mitesco, Inc. (OTCMKTS:MITI – Get Free Report) was the recipient of a significant increase in short interest in the month of May. As of May 29th, there was short interest totaling 16,885 shares, an increase of 137.3% from the May 14th total of 7,115 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average daily trading volume, of 327,352 shares, the days-to-cover ratio is currently 0.1 days.
Mitesco Stock Performance
Shares of MITI traded down $0.01 during mid-day trading on Friday, hitting $0.08. The stock had a trading volume of 52,830 shares, compared to its average volume of 99,916. The business has a fifty day moving average price of $0.08 and a 200-day moving average price of $0.10. Mitesco has a 52 week low of $0.04 and a 52 week high of $0.40.
Mitesco (OTCMKTS:MITI – Get Free Report) last issued its earnings results on Wednesday, May 20th. The company reported ($0.05) earnings per share (EPS) for the quarter. Mitesco had a negative net margin of 7,638.20% and a negative return on equity of 2.18%.
About Mitesco
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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