Mitesco, Inc. (OTCMKTS:MITI) Short Interest Update

Mitesco, Inc. (OTCMKTS:MITI) was the recipient of a large increase in short interest in the month of September. As of September 15th, there was short interest totaling 53,496 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 339,817 shares, the short-interest ratio is currently 0.2 days.

Mitesco Price Performance

Shares of Mitesco stock traded up $0.00 during trading on Wednesday, hitting $0.08. The stock had a trading volume of 1,001 shares, compared to its average volume of 127,661. The business has a fifty day moving average of $0.05 and a two-hundred day moving average of $0.07. The firm has a market cap of $3.82 million, a P/E ratio of -0.21 and a beta of 4.97. Mitesco has a fifty-two week low of $0.02 and a fifty-two week high of $0.40.

Mitesco (OTCMKTS:MITI) last announced its earnings results on Monday, August 17th. The company reported ($0.05) earnings per share (EPS) for the quarter. The firm had revenue of $0.02 million during the quarter.

Mitesco Company Profile

Mitesco, Inc is a healthcare services company that has focused on developing alternative models for delivering primary care. Through its subsidiary, The Good Clinic, the company pursued a whole-person approach designed to combine routine medical care with preventive health and wellness services.

The Good Clinic’s services included primary care visits, health screenings, care coordination, chronic-condition support and assistance with lifestyle and wellness goals. Its model was intended to provide convenient, relationship-based care outside the traditional hospital setting.

Mitesco’s healthcare activities were primarily associated with clinic operations in Minnesota, including the Minneapolis–Saint Paul area.