Short Interest in Micron Solutions, Inc. (OTCMKTS:MICR) Drops By 71.4%

Micron Solutions, Inc. (OTCMKTS:MICR) was the target of a significant drop in short interest during the month of August. As of August 31st, there was short interest totalling 200 shares, a drop of 71.4% from the August 15th total of 700 shares. Based on an average trading volume of 7,200 shares, the days-to-cover ratio is presently 0.0 days.

OTCMKTS:MICR traded down $0.30 during mid-day trading on Friday, reaching $2.90. The stock had a trading volume of 396 shares, compared to its average volume of 4,559. The stock has a 50-day simple moving average of $3.01 and a two-hundred day simple moving average of $3.12. The stock has a market capitalization of $9.58 million, a PE ratio of 2.48 and a beta of 0.42. Micron Solutions has a 12 month low of $2.00 and a 12 month high of $4.75.

Micron Solutions (OTCMKTS:MICR) last issued its earnings results on Monday, August 16th. The company reported $0.99 earnings per share for the quarter. The company had revenue of $5.39 million during the quarter.

About Micron Solutions

Micron Solutions, Inc is a diversified contract manufacturing organization that produces engineered, medical device technologies requiring precision machining and injection molding. The firm also manufactures components, devices and equipment for military, law enforcement, industrial and consumer product applications.

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