Mills Music Trust (OTCMKTS:MMTRS – Get Free Report) was the recipient of a large drop in short interest during the month of October. As of October 15th, there was short interest totaling 69 shares, a drop of 57.1% from the September 30th total of 161 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 492 shares, the days-to-cover ratio is presently 0.1 days.
Mills Music Trust Price Performance
Shares of MMTRS stock opened at $21.96 on Friday. The stock has a fifty day moving average of $23.07 and a 200 day moving average of $24.39. Mills Music Trust has a 52 week low of $21.00 and a 52 week high of $27.19.
About Mills Music Trust
Mills Music Trust (OTCMKTS:MMTRS) is a music royalty trust that holds interests in copyrights and other rights associated with musical compositions formerly published by Mills Music, Inc The trust’s primary activity is to collect and administer royalty income generated by those compositions.
Revenue may be derived from licensed uses of the catalog, including public performances, recordings, reproductions, synchronization in film and television, and printed or digital distribution, depending on the rights held in particular works.
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