Marston’s PLC (OTCMKTS:MARZF – Get Free Report) was the recipient of a significant drop in short interest in May. As of May 29th, there was short interest totaling 66,342 shares, a drop of 33.4% from the May 14th total of 99,575 shares. Based on an average daily volume of 1,333 shares, the days-to-cover ratio is currently 49.8 days.
Marston’s Stock Performance
OTCMKTS MARZF remained flat at $0.66 on Wednesday. 10,000 shares of the company’s stock were exchanged, compared to its average volume of 22,060. The stock’s 50 day moving average is $0.72 and its 200 day moving average is $0.75. Marston’s has a one year low of $0.51 and a one year high of $0.94.
Marston’s Company Profile
Marston’s PLC is one of the United Kingdom’s leading pub operators and independent brewers, offering a diverse portfolio of managed and tenanted pubs, restaurants and lodges. The company’s roots date back to 1834 when John Marston founded the original brewery in Wolverhampton, and it has since grown into a multifaceted hospitality business. Marston’s operates a network of predominantly community-focused venues that cater to both local residents and leisure visitors.
In addition to its pub estate, Marston’s oversees an on-site brewing operation that produces a range of well-known beer brands, including award-winning ales such as Pedigree, Hobgoblin and Wainwright.
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