The Merchants Trust Plc (OTCMKTS:MHTUF) Sees Significant Decrease in Short Interest

The Merchants Trust Plc (OTCMKTS:MHTUF) was the recipient of a large decrease in short interest during the month of September. As of September 30th, there was short interest totalling 400 shares, a decrease of 20.0% from the September 15th total of 500 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.

The Merchants Trust Price Performance

Shares of The Merchants Trust stock opened at $6.18 on Monday. The Merchants Trust has a fifty-two week low of $6.17 and a fifty-two week high of $6.30. The firm has a fifty day moving average price of $6.18 and a two-hundred day moving average price of $6.18.

The Merchants Trust Company Profile

The Merchants Trust Plc is a closed-ended equity mutual fund launched and managed by Allianz Global Investors GmbH, UK Branch. The fund invests in the public equity markets of the United Kingdom. It invests in stocks of companies operating across diversified sectors. The fund benchmarks the performance of its portfolio against the FTSE All-Share Index.