Moving iMage Technologies, Inc. (NYSEAMERICAN:MITQ) Short Interest Down 90.3% in December

Moving iMage Technologies, Inc. (NYSEAMERICAN:MITQ) saw a large decrease in short interest during the month of December. As of December 15th, there was short interest totaling 5,930 shares, a decrease of 90.3% from the November 30th total of 61,377 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average trading volume of 34,204 shares, the short-interest ratio is currently 0.2 days. Based on an average trading volume of 34,204 shares, the short-interest ratio is currently 0.2 days. Currently, 0.1% of the shares of the stock are sold short.

Moving iMage Technologies Stock Performance

Shares of MITQ stock traded up $0.01 during trading hours on Wednesday, reaching $0.71. The company had a trading volume of 8,330 shares, compared to its average volume of 38,715. The stock has a fifty day moving average of $0.77 and a 200-day moving average of $0.80. The company has a market capitalization of $7.08 million, a price-to-earnings ratio of -17.80 and a beta of 0.50. Moving iMage Technologies has a 12-month low of $0.50 and a 12-month high of $1.66.

Moving iMage Technologies (NYSEAMERICAN:MITQ) last announced its quarterly earnings data on Friday, November 14th. The company reported $0.05 EPS for the quarter. The firm had revenue of $5.58 million for the quarter. Moving iMage Technologies had a negative return on equity of 8.11% and a negative net margin of 2.24%.

Institutional Investors 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) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund 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 reporting period. 2.23% of the stock is currently owned by institutional investors and hedge funds.

Moving iMage Technologies Company Profile

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.