Mills Music Trust (OTCMKTS:MMTRS) Short Interest Down 48.0% in May

Mills Music Trust (OTCMKTS:MMTRSGet Free Report) was the recipient of a significant drop in short interest during the month of May. As of May 15th, there was short interest totaling 79 shares, a drop of 48.0% from the April 30th total of 152 shares. Based on an average daily trading volume, of 81 shares, the days-to-cover ratio is currently 1.0 days. Currently, 0.0% of the shares of the company are short sold.

Mills Music Trust Price Performance

MMTRS traded up $0.05 during trading on Monday, reaching $24.80. The company’s stock had a trading volume of 221 shares, compared to its average volume of 395. Mills Music Trust has a 52-week low of $21.00 and a 52-week high of $29.25. The company’s fifty day moving average price is $25.38 and its 200-day moving average price is $24.74.

Mills Music Trust (OTCMKTS:MMTRSGet Free Report) last posted its quarterly earnings results on Friday, May 15th. The company reported $999.00 earnings per share (EPS) for the quarter.

About Mills Music Trust

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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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