Marston’s PLC (OTCMKTS:MARZF – Get Free Report) was the target of a large drop in short interest in June. As of June 30th, there was short interest totaling 31,827 shares, a drop of 39.8% from the June 15th total of 52,890 shares. Based on an average daily trading volume, of 2,000 shares, the days-to-cover ratio is presently 15.9 days.
Marston’s Stock Performance
Marston’s stock remained flat at $0.66 during mid-day trading on Thursday. Marston’s has a 1-year low of $0.51 and a 1-year high of $0.94. The firm has a 50 day moving average price of $0.68 and a two-hundred day moving average price of $0.74.
About Marston’s
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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