Micropolis Holding Co (NYSEAMERICAN:MCRP) Short Interest Update

Micropolis Holding Co (NYSEAMERICAN:MCRP) saw a large decline in short interest in the month of June. As of June 15th, there was short interest totaling 32,480 shares, a decline of 43.9% from the May 31st total of 57,876 shares. Based on an average trading volume of 112,939 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.1% of the shares of the company are sold short.

Institutional Investors Weigh In On Micropolis

Several institutional investors and hedge funds have recently added to or reduced their stakes in MCRP. WMG Financial Advisors LLC acquired a new position in shares of Micropolis during the 4th quarter worth $114,000. PEAK6 LLC bought a new position in shares of Micropolis in the fourth quarter worth about $376,000. XTX Topco Ltd acquired a new stake in shares of Micropolis in the 4th quarter valued at approximately $57,000. Finally, Renaissance Technologies LLC bought a new stake in shares of Micropolis during the 1st quarter valued at approximately $42,000.

Micropolis Stock Performance

Shares of MCRP traded down $0.14 during midday trading on Thursday, reaching $1.63. 117,555 shares of the stock were exchanged, compared to its average volume of 361,570. Micropolis has a twelve month low of $0.69 and a twelve month high of $4.62. The firm has a 50 day moving average of $2.30.

About Micropolis

Micropolis Digital Development FZ-LLC (“Micropolis Dubai”), our wholly-owned subsidiary, is a robotics manufacturer founded in 2014, based in the United Arab Emirates (“UAE”) with its headquarters located in Dubai Production City, Dubai, UAE. We specialize in developing autonomous mobile robots (“AMRs”) that utilize wheeled electric vehicle (“EV”) platforms and are equipped with autonomous driving capabilities. We have historically conducted our business through Micropolis Dubai. For purposes of this Offering, in February 2023, we incorporated Micropolis Holding Company (“Micropolis Cayman”), an exempted company with limited liability under the laws of the Cayman Islands, as the listing vehicle for this Offering.