John Menzies plc (OTCMKTS:MZTLF) was the target of a large growth in short interest in the month of May. As of May 28th, there was short interest totalling 2,800 shares, a growth of 2,700.0% from the May 13th total of 100 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.
Separately, Berenberg Bank reiterated a “buy” rating on shares of John Menzies in a report on Wednesday, March 10th.
OTCMKTS MZTLF remained flat at $$4.31 on Friday. John Menzies has a one year low of $1.39 and a one year high of $4.31. The business has a fifty day moving average price of $4.02.
John Menzies plc provides aviation services in the United Kingdom, the United States, Australia, and internationally. It offers ground and cargo handling; into-plane fueling services and fuel farm management to airlines, airports, oil companies, and other partners; executive services, which includes lounge provision and meet-and-greet services for executive and VIP air travel; and offline services for airline customers, as well as cargo forwarding services.
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