Short Interest in Martinrea International Inc. (OTCMKTS:MRETF) Rises By 24.9%

Martinrea International Inc. (OTCMKTS:MRETF) saw a large increase in short interest in the month of March. As of March 15th, there was short interest totalling 414,500 shares, an increase of 24.9% from the February 28th total of 331,800 shares. Based on an average trading volume of 23,900 shares, the days-to-cover ratio is presently 17.3 days.

Martinrea International Stock Up 1.2 %

Martinrea International stock traded up $0.06 during trading hours on Tuesday, hitting $5.01. 47,612 shares of the stock traded hands, compared to its average volume of 13,327. Martinrea International has a 1 year low of $4.59 and a 1 year high of $9.20. The firm’s 50 day moving average price is $5.70 and its 200-day moving average price is $6.75.

Martinrea International Company Profile

Martinrea International Inc engages in the design, development, and manufacturing of engineered, value-added lightweight structures and propulsion systems worldwide. It offers lightweight structure products, including knuckles/control arms/links; subframes integral/fabricated products; complex assemblies; body structures; exterior trims; and trailer hitches.