MERLIN Properties SOCIMI, S.A. (OTCMKTS:MRPRF) Short Interest Down 36.1% in December

MERLIN Properties SOCIMI, S.A. (OTCMKTS:MRPRF) was the target of a significant decrease in short interest during the month of December. As of December 15th, there was short interest totaling 22,760 shares, a decrease of 36.1% from the November 30th total of 35,623 shares. Based on an average trading volume of 1,601 shares, the days-to-cover ratio is currently 14.2 days. Based on an average trading volume of 1,601 shares, the days-to-cover ratio is currently 14.2 days.

MERLIN Properties SOCIMI Price Performance

Shares of OTCMKTS:MRPRF remained flat at $14.35 during midday trading on Tuesday. MERLIN Properties SOCIMI has a 1 year low of $9.41 and a 1 year high of $16.00. The company has a 50 day simple moving average of $14.68 and a two-hundred day simple moving average of $14.36.

Analyst Ratings Changes

Separately, Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of MERLIN Properties SOCIMI in a research note on Monday, December 1st. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, MERLIN Properties SOCIMI currently has an average rating of “Buy”.

About MERLIN Properties SOCIMI

Merlin Properties Socimi, SA is a Spanish real estate investment trust (SOCIMI) headquartered in Madrid. The company specializes in the acquisition, development and management of commercial real estate assets, including office, retail, logistics and residential properties. Merlin’s operations encompass strategic asset repositioning, leasing and day-to-day property management to enhance portfolio performance and tenant satisfaction.

Founded in April 2014 through the spin-off of Metrovacesa’s portfolio, Merlin Properties has pursued growth via disciplined investments and selective mergers, most notably its 2017 combination with Hispania Activos Inmobiliarios.