Short Interest in Mills Music Trust (OTCMKTS:MMTRS) Drops By 48.0%

Mills Music Trust (OTCMKTS:MMTRS) saw a large decrease in short interest during the month of May. As of May 15th, there was short interest totaling 79 shares, a decrease of 48.0% from the April 30th total of 152 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 81 shares, the short-interest ratio is presently 1.0 days.

Mills Music Trust Price Performance

MMTRS stock remained flat at $24.80 during mid-day trading on Wednesday. 221 shares of the company’s stock were exchanged, compared to its average volume of 72. The business has a 50 day moving average of $25.37 and a 200 day moving average of $24.77. Mills Music Trust has a twelve month low of $21.00 and a twelve month high of $29.25.

Mills Music Trust (OTCMKTS:MMTRS) last issued its earnings results on Friday, May 15th. The company reported $999.00 EPS for the quarter.

Mills Music Trust Company Profile

Mills Music Trust holds the right to receive payment of a deferred contingent purchase price obligation relating to music and lyric copyright catalogue payable by EMI Mills Music Inc primarily in the United States. The payments of the contingent portion are based on royalty income generated by the catalogue. EMI Mills Music Inc operates as an owner of the copyrighted materials contained in the catalogue. Mills Music Trust was founded in 1964 and is based in New York, New York.