MTR Co. Limited (OTCMKTS:MTCPY) Sees Significant Increase in Short Interest

MTR Co. Limited (OTCMKTS:MTCPY) saw a significant increase in short interest in the month of August. As of August 14th, there was short interest totaling 202 shares, an increase of 10,000.0% from the July 30th total of 2 shares. Based on an average daily trading volume, of 96 shares, the days-to-cover ratio is currently 2.1 days.

MTR Stock Performance

Shares of MTCPY stock remained flat at $11.30 on Tuesday. MTR has a 1-year low of $11.30 and a 1-year high of $12.75. The company’s 50-day moving average price is $12.59 and its two-hundred day moving average price is $12.55.

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.