Mercialys SA (OTCMKTS:MEIYF – Get Free Report) saw a large increase in short interest in December. As of December 15th, there was short interest totaling 15,714 shares, an increase of 50.4% from the November 30th total of 10,446 shares. Based on an average daily trading volume, of 19 shares, the days-to-cover ratio is currently 827.1 days. Based on an average daily trading volume, of 19 shares, the days-to-cover ratio is currently 827.1 days.
Mercialys Price Performance
OTCMKTS MEIYF opened at $11.71 on Monday. The company’s 50-day simple moving average is $11.98 and its 200 day simple moving average is $12.30. Mercialys has a twelve month low of $11.53 and a twelve month high of $13.04.
About Mercialys
Mercialys is a French real estate investment trust specializing in the ownership, development and management of retail property assets. Established in 2005 following its spin-off from the Casino Group, the company focuses on maximizing the performance of shopping centers and retail outlets through strategic enhancements and tenant diversification. Mercialys’s portfolio comprises over 80 regional and local retail destinations across metropolitan France.
The company’s core activities include asset acquisition, property asset management, leasing and facility services.
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