Mitchells & Butlers Plc (OTCMKTS:MBPFF) Sees Large Growth in Short Interest

Mitchells & Butlers Plc (OTCMKTS:MBPFF) was the recipient of a significant increase in short interest in January. As of January 15th, there was short interest totaling 8,583 shares, an increase of 245.7% from the December 31st total of 2,483 shares. Based on an average trading volume of 312 shares, the days-to-cover ratio is presently 27.5 days. Approximately 0.0% of the shares of the stock are short sold. Approximately 0.0% of the shares of the stock are short sold. Based on an average trading volume of 312 shares, the days-to-cover ratio is presently 27.5 days.

Mitchells & Butlers Stock Performance

Shares of MBPFF stock remained flat at $3.41 on Wednesday. The stock has a 50 day simple moving average of $3.44 and a two-hundred day simple moving average of $3.45. Mitchells & Butlers has a twelve month low of $2.95 and a twelve month high of $3.70.

About Mitchells & Butlers

Mitchells & Butlers plc is one of the United Kingdom’s leading operators of managed pubs, bars and restaurants, trading under a portfolio of well-known brands. The company’s venues serve a broad spectrum of customers, from casual diners at family-friendly outlets to guests seeking premium steakhouse and craft bar experiences. Its core business activities encompass site management, menu development, beverage sourcing and hospitality operations across its estate.

The company’s brand portfolio includes names such as All Bar One, Toby Carvery, Harvester, Miller & Carter, Sizzling Pubs and Vintage Inns, among others.