MERLIN Properties SOCIMI, S.A. (OTCMKTS:MRPRF) Short Interest Up 16.3% in October

MERLIN Properties SOCIMI, S.A. (OTCMKTS:MRPRF) was the target of a significant growth in short interest in the month of October. As of October 31st, there was short interest totalling 27,900 shares, a growth of 16.3% from the October 15th total of 24,000 shares. Based on an average trading volume of 1,800 shares, the days-to-cover ratio is presently 15.5 days.

MERLIN Properties SOCIMI Stock Performance

Shares of OTCMKTS:MRPRF remained flat at $9.94 during mid-day trading on Friday. The business’s 50 day moving average price is $11.89 and its 200-day moving average price is $11.57. MERLIN Properties SOCIMI has a 12 month low of $9.49 and a 12 month high of $13.17.

About MERLIN Properties SOCIMI

MERLIN Properties SOCIMI, SA (MC:MRL) is the largest real estate company trading on the Spanish Stock Exchange. Specialized in the development, acquisition and management of commercial property in the Iberian region. MERLIN Properties mainly invests in offices, shopping centers, logistics facilities and data centers, within the Core and Core Plus segments, forming part of the benchmark IBEX-35, Euro STOXX 600, FTSE EPRA/NAREIT Global Real Estate, GPR Global Index, GPR-250 Index, MSCI Small Caps indices and DJSI.