Melrose Industries PLC (OTCMKTS:MLSPF – Get Free Report) 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
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