MERLIN Properties SOCIMI, S.A. (OTCMKTS:MRPRF) Short Interest Up 837.1% in December

MERLIN Properties SOCIMI, S.A. (OTCMKTS:MRPRF) was the target of a large increase in short interest in December. As of December 31st, there was short interest totalling 98,400 shares, an increase of 837.1% from the December 15th total of 10,500 shares. Based on an average daily volume of 400 shares, the days-to-cover ratio is currently 246.0 days.

MERLIN Properties SOCIMI Stock Performance

Shares of MRPRF stock traded down $0.90 during trading hours on Monday, hitting $10.25. 1,116 shares of the company were exchanged, compared to its average volume of 872. MERLIN Properties SOCIMI has a one year low of $9.49 and a one year high of $13.17. The business’s 50-day simple moving average is $10.66 and its two-hundred day simple moving average is $11.29.

MERLIN Properties SOCIMI Company Profile

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.