Melrose Industries PLC (OTCMKTS:MLSPF) Short Interest Down 18.8% in March

Posted by Doug Wharley on Mar 31st, 2026

Melrose Industries PLC (OTCMKTS:MLSPF – Get Free Report) saw a large decrease in short interest in the month of March. As of March 13th, there was short interest totaling 1,811,745 shares, a decrease of 18.8% from the February 26th total of 2,231,973 shares. Based on an average daily volume of 36,148 shares, the days-to-cover ratio is presently 50.1 days.

Melrose Industries Trading Down 3.7%

Shares of OTCMKTS MLSPF opened at $6.49 on Tuesday. The company’s 50-day simple moving average is $8.05 and its 200-day simple moving average is $8.14. Melrose Industries has a 52-week low of $4.56 and a 52-week high of $9.60.

Analysts Set New Price Targets

Separately, Citigroup restated a “buy” rating on shares of Melrose Industries in a research report on Wednesday, February 18th. Two analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy”.

Read Our Latest Stock Report on MLSPF

About Melrose Industries

(Get Free Report)

Melrose Industries plc is a London‐based industrial investment company specializing in the acquisition and performance improvement of manufacturing businesses. Since its founding in 2003 by Christopher Miller and David Roper, Melrose has focused on identifying underperforming assets in sectors such as aerospace, automotive and powder metallurgy, acquiring them with the aim of enhancing operational efficiency and driving long‐term value creation.

Melrose’s portfolio is anchored by three core divisions.