Martinrea International Inc. (OTCMKTS:MRETF) Sees Significant Growth in Short Interest

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

Martinrea International Stock Up 0.8 %

Shares of MRETF opened at $5.05 on Thursday. The business’s 50 day simple moving average is $5.65 and its 200-day simple moving average is $6.71. Martinrea International has a 1 year low of $4.59 and a 1 year high of $9.20.

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.