Martinrea International Inc. (OTCMKTS:MRETF) Short Interest Up 27.3% in May

Martinrea International Inc. (OTCMKTS:MRETF) was the target of a large increase in short interest in the month of May. As of May 31st, there was short interest totalling 1,331,800 shares, an increase of 27.3% from the May 15th total of 1,046,100 shares. Based on an average daily volume of 21,700 shares, the days-to-cover ratio is presently 61.4 days.

Martinrea International Stock Performance

Martinrea International stock opened at $6.14 on Friday. The business has a 50-day simple moving average of $5.66 and a two-hundred day simple moving average of $5.80. Martinrea International has a 52-week low of $4.42 and a 52-week high of $8.65.

About Martinrea International

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.