Marston’s PLC (OTCMKTS:MARZF) Sees Large Increase in Short Interest

Marston’s PLC (OTCMKTS:MARZF) was the recipient of a large increase in short interest in August. As of August 14th, there was short interest totaling 37,402 shares, an increase of 57.5% from the July 30th total of 23,748 shares. Based on an average daily volume of 5,900 shares, the days-to-cover ratio is presently 6.3 days.

Marston’s Price Performance

Shares of MARZF stock opened at $0.71 on Wednesday. The firm has a 50-day moving average price of $0.69 and a 200 day moving average price of $0.72. Marston’s has a twelve month low of $0.51 and a twelve month high of $0.94.

Marston’s Company Profile

Marston’s PLC is one of the United Kingdom’s leading pub operators and independent brewers, offering a diverse portfolio of managed and tenanted pubs, restaurants and lodges. The company’s roots date back to 1834 when John Marston founded the original brewery in Wolverhampton, and it has since grown into a multifaceted hospitality business. Marston’s operates a network of predominantly community-focused venues that cater to both local residents and leisure visitors.

In addition to its pub estate, Marston’s oversees an on-site brewing operation that produces a range of well-known beer brands, including award-winning ales such as Pedigree, Hobgoblin and Wainwright.