The Merchants Trust Plc (OTCMKTS:MHTUF) Sees Large Growth in Short Interest

The Merchants Trust Plc (OTCMKTS:MHTUF) was the target of a large increase in short interest in September. As of September 15th, there was short interest totalling 500 shares, an increase of 25.0% from the August 31st total of 400 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is currently ∞ days.

The Merchants Trust Stock Performance

The Merchants Trust stock remained flat at $6.18 on Friday. The business has a fifty day simple moving average of $6.18 and a two-hundred day simple moving average of $6.18. The Merchants Trust has a fifty-two week low of $6.17 and a fifty-two week high of $6.30.

The Merchants Trust Company Profile

The Merchants Trust Plc is a closed-ended equity mutual fund launched and managed by Allianz Global Investors GmbH, UK Branch. The fund invests in the public equity markets of the United Kingdom. It invests in stocks of companies operating across diversified sectors. The fund benchmarks the performance of its portfolio against the FTSE All-Share Index.