Mitesco, Inc. (OTCMKTS:MITI – Get Free Report) was the target of a significant increase in short interest in the month of May. As of May 29th, there was short interest totaling 16,885 shares, an increase of 137.3% from the May 14th total of 7,115 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 327,352 shares, the days-to-cover ratio is currently 0.1 days.
Mitesco Stock Down 9.1%
Shares of Mitesco stock opened at $0.08 on Friday. The firm has a market cap of $1.68 million, a price-to-earnings ratio of -0.24 and a beta of 4.88. The business has a fifty day simple moving average of $0.08 and a 200-day simple moving average of $0.10. Mitesco has a fifty-two week low of $0.04 and a fifty-two week high of $0.40.
Mitesco (OTCMKTS:MITI – Get Free Report) last announced its quarterly earnings data on Wednesday, May 20th. The company reported ($0.05) earnings per share for the quarter. Mitesco had a negative net margin of 7,638.20% and a negative return on equity of 2.18%.
Mitesco Company Profile
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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