Mills Music Trust (OTCMKTS:MMTRS – Get Free Report) was the recipient of a significant decline in short interest in June. As of June 15th, there was short interest totaling 41 shares, a decline of 42.3% from the May 31st total of 71 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average trading volume of 126 shares, the days-to-cover ratio is currently 0.3 days.
Mills Music Trust Price Performance
Mills Music Trust stock remained flat at $25.00 during midday trading on Thursday. The company’s fifty day moving average is $25.19 and its two-hundred day moving average is $24.63. Mills Music Trust has a 1 year low of $21.00 and a 1 year high of $28.52.
Mills Music Trust (OTCMKTS:MMTRS – Get Free Report) last posted 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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