Short Interest in Micron Solutions Inc (NYSEAMERICAN:MICR) Decreases By 11.3%

Micron Solutions Inc (NYSEAMERICAN:MICR) was the target of a large decline in short interest in July. As of July 31st, there was short interest totalling 11,000 shares, a decline of 11.3% from the June 30th total of 12,400 shares. Approximately 0.6% of the shares of the company are sold short. Based on an average daily volume of 3,300 shares, the days-to-cover ratio is currently 3.3 days.

An institutional investor recently bought a new position in Micron Solutions stock. KCL Capital L.P. bought a new stake in Micron Solutions Inc (NYSEAMERICAN:MICR) in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 250,000 shares of the company’s stock, valued at approximately $10,332,000. Micron Solutions makes up approximately 2.8% of KCL Capital L.P.’s holdings, making the stock its 17th biggest holding. KCL Capital L.P. owned 8.70% of Micron Solutions as of its most recent SEC filing.

Shares of Micron Solutions stock opened at $2.30 on Friday. Micron Solutions has a twelve month low of $2.25 and a twelve month high of $3.78.

Micron Solutions (NYSEAMERICAN:MICR) last issued its quarterly earnings data on Wednesday, May 15th. The company reported ($0.18) earnings per share for the quarter. The business had revenue of $4.69 million for the quarter.

Micron Solutions Company Profile

Micron Solutions, Inc, through its subsidiary, Micron Products, Inc, operates as a contract manufacturing organization that produces medical device components requiring precision machining and injection molding in the United States, Asia, Europe, Canada, and internationally. The company also manufactures components, devices, and equipment for military, law enforcement, automotive, and consumer product applications.

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