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

Micware Co., Ltd. (NASDAQ:MWC) saw a significant increase in short interest in the month of October. As of October 15th, there was short interest totaling 89,390 shares, an increase of 215.8% from the September 30th total of 28,305 shares. Approximately 0.2% of the shares of the company are sold short. Based on an average daily volume of 156,148 shares, the short-interest ratio is presently 0.6 days.

Micware Trading Down 2.3%

Shares of Micware stock opened at $1.48 on Thursday. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.66 and a quick ratio of 1.65. Micware has a one year low of $0.78 and a one year high of $13.95. The business has a 50 day moving average of $1.60.

Analyst Ratings Changes

Separately, Weiss Ratings assumed coverage on shares of Micware in a report on Tuesday, August 11th. They set a “sell (e-)” rating for the company. One investment analyst has rated the stock with a Sell rating. According to MarketBeat, the company currently has an average rating of “Sell”.

Micware Company Profile

Micware Co Ltd. is a provider of software development services and an IT solution mainly focused on the automotive and mobility sectors. The Company is primarily engaged in the development and sale of IVI systems covering multimedia, navigation, human machine interface, telematics, and driver assistance, as well as navigation software and location information-based smartphone applications. Micware Co Ltd. is based in KOBE, Japan.