Short Interest in Mill City Ventures III, Ltd. (NASDAQ:MCVT) Declines By 35.9%

Mill City Ventures III, Ltd. (NASDAQ:MCVT) was the recipient of a significant drop in short interest in February. As of February 15th, there was short interest totalling 10,900 shares, a drop of 35.9% from the January 31st total of 17,000 shares. Based on an average trading volume of 258,200 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.6% of the shares of the stock are short sold.

Mill City Ventures III Trading Up 2.6 %

Shares of MCVT stock traded up $0.05 during trading hours on Tuesday, hitting $1.95. 80,779 shares of the company’s stock were exchanged, compared to its average volume of 97,424. The company has a market capitalization of $12.45 million, a PE ratio of -27.85 and a beta of 0.37. Mill City Ventures III has a 12-month low of $1.65 and a 12-month high of $3.88. The business’s 50 day simple moving average is $2.41 and its 200-day simple moving average is $2.32.

Mill City Ventures III Company Profile

Mill City Ventures III, Ltd. is a principal investment firm specializing investments in debt and equity securities of public and private companies to fund their operations whether its start-up, acquisition, or growth. It primarily focuses on investing in, lending to, and making managerial assistance available to privately held and publicly traded companies.