The Merchants Trust Plc (OTCMKTS:MHTUF) Sees Significant Growth in Short Interest

The Merchants Trust Plc (OTCMKTS:MHTUF) was the recipient of a large increase in short interest in the month of December. As of December 15th, there was short interest totalling 5,800 shares, an increase of 346.2% from the November 30th total of 1,300 shares. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days.

The Merchants Trust Stock Performance

MHTUF stock remained flat at $6.18 during trading on Thursday. The Merchants Trust has a 12-month low of $6.17 and a 12-month high of $6.30. The business’s 50 day simple moving average is $6.18 and its 200 day simple moving average is $6.18.

About The Merchants Trust

The Merchants Trust Plc is a closed-ended equity mutual fund launched and managed by Allianz Global Investors GmbH, UK Branch. The fund invests in the public equity markets of the United Kingdom. It invests in stocks of companies operating across diversified sectors. The fund benchmarks the performance of its portfolio against the FTSE All-Share Index.