Micron Solutions, Inc. (OTCMKTS:MICR – Get Rating) saw a significant decrease in short interest in March. As of March 31st, there was short interest totalling 500 shares, a decrease of 64.3% from the March 15th total of 1,400 shares. Based on an average trading volume of 9,400 shares, the short-interest ratio is currently 0.1 days.
Separately, UBS Group upped their price objective on shares of Micron Solutions from $105.00 to $115.00 in a research note on Friday, January 7th.
Shares of MICR traded down $0.10 during mid-day trading on Friday, hitting $2.35. 102 shares of the company’s stock were exchanged, compared to its average volume of 2,580. Micron Solutions has a fifty-two week low of $1.34 and a fifty-two week high of $4.75. The firm has a market capitalization of $8.18 million, a P/E ratio of 3.98 and a beta of 0.56. The business’s 50 day moving average is $2.47 and its two-hundred day moving average is $2.71.
Micron Solutions, Inc, through its subsidiary, Micron Products, Inc, operates as a contract manufacturing organization that produces medical device components requiring precision machining and injection molding in the United States and internationally. The company also manufactures components, devices, and equipment for military, law enforcement, automotive, and consumer product applications.
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