Marston’s PLC (OTCMKTS:MARZF – Get Free Report) saw a large growth in short interest during the month of September. As of September 30th, there was short interest totaling 50,953 shares, a growth of 382.1% from the September 15th total of 10,570 shares. Based on an average daily volume of 12,875 shares, the days-to-cover ratio is currently 4.0 days.
Marston’s Price Performance
OTCMKTS:MARZF opened at $0.59 on Tuesday. The stock’s 50 day simple moving average is $0.66 and its 200-day simple moving average is $0.69. Marston’s has a 12-month low of $0.53 and a 12-month high of $0.94.
Marston’s Company Profile
Marston’s plc is a United Kingdom-based pub operator that owns, operates and franchises a broad estate of pubs, bars and restaurants. Its venues range from community pubs and traditional local inns to food-led restaurants and premium destination pubs, offering drinks, meals and hospitality services.
The company serves customers across England and Wales through a portfolio that includes managed, franchised and tenanted pubs. Its brands and formats have included Marston’s pubs, Two for One, Generous George, Pitcher & Piano and premium pub venues, although the mix of properties and branding may change over time.
Marston’s has roots in the British brewing and pub industry dating back to the 19th century and was formerly involved in brewing several well-known ale brands.
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