Mill City Ventures III, Ltd. (NASDAQ:MCVT) Short Interest Update

Mill City Ventures III, Ltd. (NASDAQ:MCVT) was the recipient of a significant drop in short interest during the month of January. As of January 31st, there was short interest totalling 17,000 shares, a drop of 40.4% from the January 15th total of 28,500 shares. Approximately 1.0% of the company’s stock are sold short. Based on an average daily volume of 140,000 shares, the short-interest ratio is currently 0.1 days.

Mill City Ventures III Trading Down 2.9 %

NASDAQ MCVT traded down $0.06 on Thursday, reaching $1.86. The stock had a trading volume of 86,028 shares, compared to its average volume of 312,632. Mill City Ventures III has a 1 year low of $1.73 and a 1 year high of $3.88. The business has a 50 day moving average price of $2.40 and a 200 day moving average price of $2.38. The company has a market capitalization of $11.85 million, a price-to-earnings ratio of -26.50 and a beta of 0.37.

Mill City Ventures III (NASDAQ:MCVT) last released its quarterly earnings data on Tuesday, November 12th. The company reported $0.04 EPS for the quarter. The firm had revenue of $0.71 million for the quarter. Mill City Ventures III had a positive return on equity of 1.44% and a negative net margin of 12.15%.

About Mill City Ventures III

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.