Mills Music Trust (OTCMKTS:MMTRS – Get Free Report) was the recipient of a large decrease in short interest in the month of October. As of October 15th, there was short interest totaling 69 shares, a decrease of 57.1% from the September 30th total of 161 shares. Based on an average trading volume of 492 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the shares of the company are sold short.
Mills Music Trust Stock Performance
MMTRS stock remained flat at $21.96 during midday trading on Friday. The business’s 50 day moving average price is $22.99 and its 200-day moving average price is $24.39. Mills Music Trust has a 1-year low of $21.00 and a 1-year high of $27.19.
About Mills Music Trust
Mills Music Trust (OTCMKTS:MMTRS) is a music royalty trust that holds interests in copyrights and other rights associated with musical compositions formerly published by Mills Music, Inc The trust’s primary activity is to collect and administer royalty income generated by those compositions.
Revenue may be derived from licensed uses of the catalog, including public performances, recordings, reproductions, synchronization in film and television, and printed or digital distribution, depending on the rights held in particular works.
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