Mill City Ventures III, Ltd. (NASDAQ:MCVT) Short Interest Up 711.0% in February

Mill City Ventures III, Ltd. (NASDAQ:MCVT) saw a large growth in short interest during the month of February. As of February 28th, there was short interest totalling 88,400 shares, a growth of 711.0% from the February 13th total of 10,900 shares. Approximately 4.9% of the company’s shares are sold short. Based on an average trading volume of 267,400 shares, the short-interest ratio is presently 0.3 days.

Mill City Ventures III Stock Up 5.8 %

NASDAQ MCVT traded up $0.11 on Wednesday, reaching $1.92. The company had a trading volume of 164,876 shares, compared to its average volume of 99,431. Mill City Ventures III has a 52 week low of $1.65 and a 52 week high of $3.88. The stock’s 50 day moving average is $2.41 and its 200-day moving average is $2.29. The stock has a market cap of $12.23 million, a price-to-earnings ratio of -27.35 and a beta of 0.56.

Mill City Ventures III (NASDAQ:MCVT) last released its quarterly earnings data on Monday, March 10th. The company reported $0.01 earnings per share for the quarter. Mill City Ventures III had a negative net margin of 12.15% and a positive return on equity of 1.44%. The business had revenue of $0.87 million for the quarter.

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.