Melrose Industries PLC (OTCMKTS:MLSPF) Short Interest Down 36.4% in July

Melrose Industries PLC (OTCMKTS:MLSPF) saw a large decrease in short interest during the month of July. As of July 31st, there was short interest totalling 882,900 shares, a decrease of 36.4% from the July 15th total of 1,388,000 shares. Based on an average trading volume of 14,900 shares, the short-interest ratio is presently 59.3 days.

Melrose Industries Price Performance

Shares of MLSPF remained flat at $6.20 during trading hours on Tuesday. Melrose Industries has a 1-year low of $5.37 and a 1-year high of $8.74. The stock’s 50-day moving average is $7.32 and its 200-day moving average is $7.67.

Melrose Industries Company Profile

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.