Mill City Ventures III (MCVT)

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	3.13 mm	3.13 mm	3.13 mm	3.13 mm	3.13 mm	3.13 mm
Cash burn (monthly)	763.91 k	(no burn)	279.90 k	345.78 k	763.91 k	321.18 k
Cash used (since last report)	2.13 mm	n/a	781.40 k	965.33 k	2.13 mm	896.65 k
Cash remaining	1.00 mm	n/a	2.35 mm	2.17 mm	1.00 mm	2.24 mm
Runway (months of cash)	1.3	n/a	8.4	6.3	1.3	7.0

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q3 2023

MCVT institutional ownership history Ownership history

4.9% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	3	3	–
Opened positions	1	1	–
Closed positions	1	1	–
Increased positions	0	0
Reduced positions	1	1	–

13F shares	Current	Prev Q	Change
Total value	954.21 mm	68.56 mm	+1291.9%
Total shares	315.57 k	28.45 k	+1009.4%
Total puts	0.00	0.00
Total calls	0.00	0.00
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
WFC Wells Fargo & Company	287.99 k	$878.38 mm	NEW
Parsons Capital Management	25.00 k	$68.75 mm	0.0%
Tower Research Capital	2.57 k	$7.08 mm	-25.1%
Proequities	0.00	$0.00

Largest transactions	Shares	Bought/sold	Change
WFC Wells Fargo & Company	287.99 k	+287.99 k	NEW
Tower Research Capital	2.57 k	-861.00	-25.1%
UBS UBS	0.00	-12.00	EXIT
Proequities	0.00	0.00
Parsons Capital Management	25.00 k	0.00	0.0%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

MCVT insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
11 Dec 24	Douglas Michael Polinsky	Common Stock	Buy	Acquire P	No	No	1.95	3,500	6.83 k	270,997
10 Dec 24	Douglas Michael Polinsky	Common Stock	Buy	Acquire P	No	No	1.95	1,530	2.98 k	267,497
9 Dec 24	Zipkin Laurence S	Common Stock	Buy	Acquire P	No	No	1.99	3,000	5.97 k	160,661
9 Dec 24	Zipkin Laurence S	Common Stock	Buy	Acquire P	No	No	1.97	600	1.18 k	157,661
8 Dec 24	Zipkin Laurence S	Common Stock	Buy	Acquire P	No	No	1.95	300	585.00	157,061
26 Nov 24	Douglas Michael Polinsky	Common Stock	Buy	Acquire P	No	No	1.95	403	785.85	273,166
26 Nov 24	Douglas Michael Polinsky	Common Stock	Buy	Acquire P	No	No	1.9	9,900	18.81 k	272,763
26 Nov 24	Douglas Michael Polinsky	Common Stock	Buy	Acquire P	No	No	1.95	403	785.85	265,967
26 Nov 24	Douglas Michael Polinsky	Common Stock	Buy	Acquire P	No	No	1.9	2,701	5.13 k	265,564
25 Nov 24	Douglas Michael Polinsky	Common Stock	Buy	Acquire P	No	No	1.82	100	182.00	262,863

Data from 3, 4 and 5 filings. Values as filed, not updated for current price.

Press releases

From Benzinga Pro

Mill City Ventures III, Ltd. Reports 2024 Third Quarter Financial Results

12 Nov 24

MINNEAPOLIS, MN / ACCESSWIRE / November 12, 2024 / Mill City Ventures III, Ltd. (NASDAQ:MCVT) (Mill City or the "Company") a non-bank lender and specialty finance company, today announced financial results for

Mill City Announces Stock Repurchase Program

16 Oct 24

MINNEAPOLIS, MN / ACCESSWIRE / October 16, 2024 / Mill City Ventures III, Ltd. ("Mill City" or the "Company") (NASDAQ:MCVT), a non-bank lender and specialty finance company, today announced the

Mill City Ventures III, Ltd. Advances $2 Million To Award-Winning Holiday Light Maze Experience

30 Sep 24

MINNEAPOLIS, MN / ACCESSWIRE / September 30, 2024 / Mill City Ventures III, Ltd. ("Mill City") (NASDAQ:MCVT), a non-bank lender and specialty finance company, announced today its funding of a $2 million