The Merchants Trust Plc (OTCMKTS:MHTUF – Get Free Report) was the recipient of a large decline in short interest in the month of May. As of May 29th, there was short interest totaling 1,102 shares, a decline of 75.9% from the May 14th total of 4,582 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is presently ∞ days.
The Merchants Trust Price Performance
OTCMKTS:MHTUF opened at $6.50 on Wednesday. The Merchants Trust has a 1 year low of $6.17 and a 1 year high of $6.59. The stock has a 50-day simple moving average of $6.53 and a 200-day simple moving average of $6.56.
About The Merchants Trust
The Merchants Trust is a U.K.-based closed-end investment trust that seeks to deliver long-term capital growth and dividend income through a diversified portfolio of primarily U.K. equities. Listed on the London Stock Exchange and trading in the United States on the OTC market under the symbol MHTUF, the trust offers investors exposure to established large- and mid-cap companies across a range of industry sectors.
Through active stock selection, the trust focuses on market-leading businesses with resilient cash flows, strong balance sheets and attractive dividend prospects.
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