The Merchants Trust Plc (OTCMKTS:MHTUF) Short Interest Up 225.0% in October

The Merchants Trust Plc (OTCMKTS:MHTUF) was the target of a large growth in short interest in October. As of October 15th, there was short interest totalling 1,300 shares, a growth of 225.0% from the September 30th total of 400 shares. Based on an average trading volume of 0 shares, the short-interest ratio is currently ∞ days.

The Merchants Trust Stock Performance

Shares of The Merchants Trust stock remained flat at $6.18 during trading on Friday. The Merchants Trust has a twelve month low of $6.17 and a twelve month high of $6.30. The company has a 50-day simple moving average of $6.18 and a two-hundred day simple moving average of $6.18.

The Merchants Trust Company Profile

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.