The Merchants Trust Plc (OTCMKTS:MHTUF) Short Interest Down 33.3% in August

The Merchants Trust Plc (OTCMKTS:MHTUF) saw a significant drop in short interest during the month of August. As of August 31st, there was short interest totalling 400 shares, a drop of 33.3% from the August 15th total of 600 shares. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days.

The Merchants Trust Price Performance

Shares of OTCMKTS MHTUF remained flat at $6.18 during midday trading on Monday. The Merchants Trust has a 12 month low of $6.17 and a 12 month high of $6.30. The stock’s 50-day simple moving average is $6.18 and its two-hundred day simple moving average is $6.18.

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.