Mercialys (OTCMKTS:MEIYF) Sees Large Growth in Short Interest

Mercialys (OTCMKTS:MEIYFGet Rating) was the recipient of a significant increase in short interest during the month of May. As of May 15th, there was short interest totalling 159,600 shares, an increase of 135.7% from the April 30th total of 67,700 shares. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days.

Shares of MEIYF opened at $9.52 on Friday. Mercialys has a 1-year low of $9.30 and a 1-year high of $13.20. The firm has a 50-day simple moving average of $9.31 and a two-hundred day simple moving average of $9.59.

About Mercialys (Get Rating)

Mercialys is one of France's leading real estate companies, focused exclusively on shopping centers and high-street retail assets. At June 30, 2020, Mercialys had a portfolio of 2,111 leases, representing a rental value of Euro 182.3 million on an annualized basis. At June 30, 2020, it owned properties with an estimated value of Euro 3.5 billion (including transfer taxes).

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