Moving iMage Technologies, Inc. (NYSEAMERICAN:MITQ) Sees Large Decline in Short Interest

Moving iMage Technologies, Inc. (NYSEAMERICAN:MITQ) saw a large decrease in short interest during the month of February. As of February 15th, there was short interest totalling 39,800 shares, a decrease of 70.5% from the January 31st total of 134,800 shares. Based on an average daily trading volume, of 1,420,000 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.6% of the company’s stock are short sold.

Moving iMage Technologies Stock Performance

Shares of MITQ stock traded up $0.03 during trading hours on Friday, hitting $0.57. 16,045 shares of the company were exchanged, compared to its average volume of 2,360,908. The stock has a market capitalization of $5.63 million, a price-to-earnings ratio of -3.79 and a beta of 0.37. Moving iMage Technologies has a one year low of $0.42 and a one year high of $1.55.

Moving iMage Technologies Company Profile

Moving iMage Technologies, Inc designs, manufactures, integrates, installs, and distributes proprietary and custom designed equipment, and other off the shelf cinema products for cinema requirements in the United States and internationally. The company provides automation, pedestal, projection pod, and power management systems; and in-house designed and assembled lighting products and dimmers, as well as distributes digital cinema projectors and servers.