Mitesco, Inc. (OTCMKTS:MITI) Short Interest Up ∞ in May

by · The Markets Daily

Mitesco, Inc. (OTCMKTS:MITI – Get Free Report) saw a significant growth in short interest in May. As of May 15th, there was short interest totaling 7,115 shares, a growth of ∞ from the April 30th total of 0 shares. Based on an average daily trading volume, of 261,796 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the stock are short sold.

Mitesco Price Performance

Shares of MITI stock remained flat at $0.08 on Monday. The company had a trading volume of 226,564 shares, compared to its average volume of 126,148. The company has a 50-day simple moving average of $0.08 and a 200 day simple moving average of $0.10. Mitesco has a one year low of $0.04 and a one year high of $0.40. The firm has a market cap of $1.67 million, a P/E ratio of -0.24 and a beta of 4.89.

Mitesco (OTCMKTS:MITI – Get Free Report) last released its quarterly earnings results on Wednesday, May 20th. The company reported ($0.05) earnings per share for the quarter. Mitesco had a negative net margin of 7,638.20% and a negative return on equity of 2.18%.

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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