The Merchants Trust Plc (OTCMKTS:MHTUF – Get Free Report) was the recipient of a large drop in short interest in May. As of May 29th, there was short interest totaling 1,102 shares, a drop of 75.9% from the May 14th total of 4,582 shares. Based on an average daily volume of 0 shares, the short-interest ratio is currently ∞ days.
The Merchants Trust Stock Performance
Shares of OTCMKTS:MHTUF opened at $6.50 on Wednesday. The business’s fifty day moving average price is $6.53 and its two-hundred day moving average price is $6.56. The Merchants Trust has a one year low of $6.17 and a one year high of $6.59.
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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