The Merchants Trust Plc (OTCMKTS:MHTUF) Short Interest Down 75.9% in May

The Merchants Trust Plc (OTCMKTS:MHTUF) was the target of a significant decline in short interest in May. As of May 29th, there was short interest totaling 1,102 shares, a decline of 75.9% from the May 14th total of 4,582 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.

The Merchants Trust Price Performance

Shares of MHTUF stock remained flat at $8.20 during trading on Friday. 5,522 shares of the stock were exchanged. The firm’s 50 day moving average is $6.59 and its two-hundred day moving average is $6.59. The Merchants Trust has a twelve month low of $6.29 and a twelve month high of $8.20.

The Merchants Trust Company Profile

The Merchants Trust is a U.K.-based closed-end investment trust that seeks to deliver long-term capital growth and dividend income through a diversified portfolio of primarily U.K. equities. Listed on the London Stock Exchange and trading in the United States on the OTC market under the symbol MHTUF, the trust offers investors exposure to established large- and mid-cap companies across a range of industry sectors.

Through active stock selection, the trust focuses on market-leading businesses with resilient cash flows, strong balance sheets and attractive dividend prospects.