Mills Music Trust (OTCMKTS:MMTRS – Get Free Report) was the target of a significant increase in short interest in April. As of April 30th, there was short interest totaling 152 shares, an increase of 97.4% from the April 15th total of 77 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 37 shares, the days-to-cover ratio is currently 4.1 days.
Mills Music Trust Stock Performance
OTCMKTS:MMTRS remained flat at $26.00 during trading hours on Monday. The business’s 50 day moving average price is $25.19 and its two-hundred day moving average price is $24.73. Mills Music Trust has a twelve month low of $21.00 and a twelve month high of $52.60.
Mills Music Trust (OTCMKTS:MMTRS – Get Free Report) last issued its earnings results on Friday, May 15th. The company reported $999.00 EPS for the quarter.
Mills Music Trust Company Profile
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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