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

The Merchants Trust Plc (OTCMKTS:MHTUF) saw a significant decrease in short interest in December. As of December 31st, there was short interest totalling 4,500 shares, a decrease of 22.4% from the December 15th total of 5,800 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is currently ∞ days.

The Merchants Trust Stock Performance

OTCMKTS:MHTUF remained flat at $6.18 during trading hours on Wednesday. The stock’s 50 day moving average is $6.18 and its 200 day moving average is $6.18. The Merchants Trust has a fifty-two week low of $6.17 and a fifty-two week high of $6.30.

About The Merchants Trust

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.