Mitesco, Inc. (OTCMKTS:MITI) Sees Large Growth in Short Interest

Mitesco, Inc. (OTCMKTS:MITIGet Free Report) was the recipient of a significant growth in short interest during the month of July. As of July 31st, there was short interest totaling 109,374 shares, a growth of 118.9% from the July 15th total of 49,976 shares. Approximately 0.4% of the shares of the stock are sold short. Based on an average trading volume of 377,181 shares, the days-to-cover ratio is currently 0.3 days.

Mitesco Price Performance

OTCMKTS MITI traded down $0.00 during trading hours on Friday, hitting $0.03. 100,914 shares of the company’s stock traded hands, compared to its average volume of 208,773. The company has a market capitalization of $1.32 million, a PE ratio of -0.09 and a beta of 5.03. Mitesco has a 52-week low of $0.03 and a 52-week high of $0.40. The firm’s 50-day moving average is $0.06 and its 200-day moving average is $0.08.

Mitesco (OTCMKTS:MITIGet Free Report) last released its earnings results on Wednesday, May 20th. The company reported ($0.05) earnings per share for the quarter.

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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