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

MTR Co. Limited (OTCMKTS:MTCPY) saw a significant growth in short interest in the month of July. As of July 31st, there was short interest totaling 2 shares, a growth of 100.0% from the July 15th total of 1 shares. Based on an average daily trading volume, of 154 shares, the days-to-cover ratio is presently 0.0 days.

MTR Stock Performance

MTR stock remained flat at $11.30 during mid-day trading on Friday. 158 shares of the company’s stock were exchanged, compared to its average volume of 500. The business’s 50-day simple moving average is $12.78 and its 200-day simple moving average is $12.50. MTR has a 12 month low of $11.30 and a 12 month high of $12.75.

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.