MERLIN Properties SOCIMI, S.A. (OTCMKTS:MRPRF) Sees Significant Decrease in Short Interest

MERLIN Properties SOCIMI, S.A. (OTCMKTS:MRPRF) was the target of a large decline in short interest in the month of March. As of March 15th, there was short interest totalling 17,800 shares, a decline of 23.9% from the February 28th total of 23,400 shares. Based on an average trading volume of 100 shares, the short-interest ratio is presently 178.0 days.

MERLIN Properties SOCIMI Trading Down 7.3 %

Shares of MRPRF stock traded down $0.85 on Tuesday, hitting $10.73. 630 shares of the stock traded hands, compared to its average volume of 533. MERLIN Properties SOCIMI has a twelve month low of $9.49 and a twelve month high of $13.17. The firm’s 50-day moving average price is $11.26 and its two-hundred day moving average price is $11.25.

About MERLIN Properties SOCIMI

MERLIN Properties SOCIMI, SA (MC:MRL) is the largest real estate company trading on the Spanish Stock Exchange. Specialized in the development, acquisition and management of commercial property in the Iberian region. MERLIN Properties mainly invests in offices, shopping centers, logistics facilities and data centers, within the Core and Core Plus segments, forming part of the benchmark IBEX-35, Euro STOXX 600, FTSE EPRA/NAREIT Global Real Estate, GPR Global Index, GPR-250 Index, MSCI Small Caps indices and DJSI.