MICT Inc (NASDAQ:MICT) was the target of a significant drop in short interest in July. As of July 31st, there was short interest totalling 136,500 shares, a drop of 8.1% from the June 30th total of 148,600 shares. Based on an average trading volume of 61,900 shares, the short-interest ratio is presently 2.2 days. Currently, 2.6% of the company’s stock are short sold.
Shares of NASDAQ:MICT traded up $0.11 during midday trading on Thursday, hitting $0.71. 6,290 shares of the stock were exchanged, compared to its average volume of 110,067. MICT has a 52-week low of $0.29 and a 52-week high of $1.46. The business’s fifty day simple moving average is $0.73 and its two-hundred day simple moving average is $1.01.
MICT (NASDAQ:MICT) last announced its quarterly earnings data on Wednesday, August 14th. The aerospace company reported ($0.10) earnings per share (EPS) for the quarter. MICT had a negative return on equity of 254.58% and a negative net margin of 30.81%.
MICT, Inc designs, develops, manufactures, and sells rugged mobile computing devices comprising tablets and on-board-computers that provide fleet operators and field workforces with computing solutions for challenging work environments, such as extreme temperatures, repeated vibrations, or dirty and wet or dusty conditions.
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