MERLIN Properties SOCIMI, S.A. (OTCMKTS:MRPRF) Short Interest Down 36.1% in December

MERLIN Properties SOCIMI, S.A. (OTCMKTS:MRPRF) was the recipient of a large decline in short interest during the month of December. As of December 15th, there was short interest totaling 22,760 shares, a decline of 36.1% from the November 30th total of 35,623 shares. Based on an average daily volume of 1,601 shares, the days-to-cover ratio is presently 14.2 days. Based on an average daily volume of 1,601 shares, the days-to-cover ratio is presently 14.2 days.

Analyst Ratings Changes

Separately, Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of MERLIN Properties SOCIMI in a research report on Monday, December 1st. One analyst has rated the stock with a Buy rating, According to MarketBeat.com, MERLIN Properties SOCIMI currently has a consensus rating of “Buy”.

MERLIN Properties SOCIMI Price Performance

MERLIN Properties SOCIMI stock opened at $14.35 on Monday. The company has a 50 day moving average price of $14.70 and a 200-day moving average price of $14.34. MERLIN Properties SOCIMI has a fifty-two week low of $9.41 and a fifty-two week high of $16.00.

MERLIN Properties SOCIMI Company Profile

Merlin Properties Socimi, SA is a Spanish real estate investment trust (SOCIMI) headquartered in Madrid. The company specializes in the acquisition, development and management of commercial real estate assets, including office, retail, logistics and residential properties. Merlin’s operations encompass strategic asset repositioning, leasing and day-to-day property management to enhance portfolio performance and tenant satisfaction.

Founded in April 2014 through the spin-off of Metrovacesa’s portfolio, Merlin Properties has pursued growth via disciplined investments and selective mergers, most notably its 2017 combination with Hispania Activos Inmobiliarios.