Melrose Industries PLC (OTCMKTS:MLSPF) Short Interest Update

Melrose Industries PLC (OTCMKTS:MLSPFGet Free Report) was the target of a significant increase in short interest in the month of May. As of May 15th, there was short interest totalling 429,500 shares, an increase of 29.8% from the April 30th total of 330,900 shares. Based on an average trading volume of 2,400 shares, the days-to-cover ratio is currently 179.0 days.

Melrose Industries Price Performance

OTCMKTS:MLSPF opened at $7.70 on Friday. Melrose Industries has a 12-month low of $5.37 and a 12-month high of $8.74. The firm has a 50-day moving average price of $8.01 and a 200 day moving average price of $7.49.

About Melrose Industries

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Melrose Industries PLC, together with its subsidiaries, engages in the aerospace, automotive, powder metallurgy, and other industrial businesses in the United Kingdom, rest of Europe, North America, and internationally. Its Aerospace segment provides airframe and engine structures, and electrical interconnection systems for the aerospace industry in civil airframe and defense platforms.

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