MTR Co. Limited (OTCMKTS:MTCPY) Sees Large Decrease in Short Interest

MTR Co. Limited (OTCMKTS:MTCPY) was the recipient of a large drop in short interest in April. As of April 30th, there was short interest totaling 1 shares, a drop of 83.3% from the April 15th total of 6 shares. Based on an average daily trading volume, of 95 shares, the days-to-cover ratio is presently 0.0 days.

MTR Price Performance

Shares of MTR stock remained flat at $12.88 during mid-day trading on Wednesday. 68 shares of the company’s stock traded hands, compared to its average volume of 508. MTR has a 1 year low of $9.26 and a 1 year high of $14.41. The firm’s 50 day moving average is $12.84 and its 200-day moving average is $11.71.

About MTR

MTR Corporation Limited (OTCMKTS: MTCPY) is a Hong Kong–based public transport operator primarily engaged in the development, construction and operation of urban railway networks. Established in 1975 as the Mass Transit Railway Corporation, the company was corporatized and listed in 2000, with the Government of the Hong Kong Special Administrative Region remaining its largest shareholder. MTR’s core business revolves around passenger rail services, including heavy rail passengers in Hong Kong, Light Rail operations in the New Territories and a complementary network of feeder buses and station taxis.

In addition to transport services, MTR leverages its extensive property portfolio through integrated property development and investment near station hubs.