Moving iMage Technologies, Inc. (NYSEAMERICAN:MITQ) Short Interest Update
by Amy Steele · The Cerbat GemMoving iMage Technologies, Inc. (NYSEAMERICAN:MITQ – Get Free Report) was the target of a significant decrease in short interest in the month of January. As of January 15th, there was short interest totaling 33,420 shares, a decrease of 22.5% from the December 31st total of 43,135 shares. Based on an average daily trading volume, of 42,163 shares, the short-interest ratio is currently 0.8 days. Approximately 0.5% of the company’s shares are short sold. Approximately 0.5% of the company’s shares are short sold. Based on an average daily trading volume, of 42,163 shares, the short-interest ratio is currently 0.8 days.
Moving iMage Technologies Stock Down 3.7%
Shares of NYSEAMERICAN MITQ traded down $0.03 during midday trading on Tuesday, reaching $0.72. The company had a trading volume of 50,249 shares, compared to its average volume of 32,269. The stock has a market cap of $7.16 million, a PE ratio of -18.00 and a beta of 0.52. Moving iMage Technologies has a one year low of $0.50 and a one year high of $1.66. The firm’s fifty day moving average price is $0.72 and its 200-day moving average price is $0.81.
Moving iMage Technologies (NYSEAMERICAN:MITQ – Get Free Report) last posted its quarterly earnings results on Friday, November 14th. The company reported $0.05 earnings per share (EPS) for the quarter. Moving iMage Technologies had a negative return on equity of 8.11% and a negative net margin of 2.24%.The business had revenue of $5.58 million for the quarter.
Hedge Funds Weigh In On Moving iMage Technologies
An institutional investor recently bought a new position in Moving iMage Technologies stock. Citadel Advisors LLC bought a new position in shares of Moving iMage Technologies, Inc. (NYSEAMERICAN:MITQ – Free Report) in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 35,570 shares of the company’s stock, valued at approximately $33,000. Citadel Advisors LLC owned 0.36% of Moving iMage Technologies at the end of the most recent quarter. Institutional investors own 2.23% of the company’s stock.
About Moving iMage Technologies
Moving iMage Technologies, Inc, trading on the NYSE American under the symbol MITQ, designs, manufactures and integrates digital signage solutions for a wide range of industries. The company’s core offerings encompass both hardware and software platforms that support high-definition displays, interactive kiosks and touchscreen environments. Moving iMage’s systems are engineered to deliver dynamic content, remote monitoring and scalable network deployment to meet evolving customer needs.
Its product lineup includes commercial-grade LCD and LED displays, media players, digital signage enclosures and interactive touchscreen modules.