Mills Music Trust (OTCMKTS:MMTRS – Get Free Report) was the recipient of a large decline in short interest in May. As of May 15th, there was short interest totaling 79 shares, a decline of 48.0% from the April 30th total of 152 shares. Based on an average daily volume of 81 shares, the short-interest ratio is presently 1.0 days. Currently, 0.0% of the shares of the stock are sold short.
Mills Music Trust Trading Up 0.2%
Shares of Mills Music Trust stock traded up $0.05 on Monday, hitting $24.80. 221 shares of the company were exchanged, compared to its average volume of 395. The company has a 50-day moving average price of $25.38 and a 200 day moving average price of $24.74. Mills Music Trust has a 1-year low of $21.00 and a 1-year high of $29.25.
Mills Music Trust (OTCMKTS:MMTRS – Get Free Report) last released its quarterly earnings results on Friday, May 15th. The company reported $999.00 EPS for the quarter.
About Mills Music Trust
Mills Music Trust holds the right to receive payment of a deferred contingent purchase price obligation relating to music and lyric copyright catalogue payable by EMI Mills Music Inc primarily in the United States. The payments of the contingent portion are based on royalty income generated by the catalogue. EMI Mills Music Inc operates as an owner of the copyrighted materials contained in the catalogue. Mills Music Trust was founded in 1964 and is based in New York, New York.
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