Micware Co., Ltd. (NASDAQ:MWC – Get Free Report) saw a large drop in short interest during the month of June. As of June 15th, there was short interest totaling 46,645 shares, a drop of 74.4% from the May 31st total of 182,541 shares. Based on an average daily trading volume, of 126,007 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.1% of the shares of the company are sold short.
Micware Trading Down 1.7%
NASDAQ:MWC traded down $0.06 during mid-day trading on Monday, hitting $3.57. The stock had a trading volume of 40,512 shares, compared to its average volume of 1,591,196. Micware has a 52 week low of $3.43 and a 52 week high of $13.95.
Wall Street Analysts Forecast Growth
Separately, Wall Street Zen raised shares of Micware to a “hold” rating in a research report on Saturday, May 23rd.
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