Mills Music Trust (OTCMKTS:MMTRS) Stock Short Interest Drops 57.1%

Mills Music Trust (OTCMKTS:MMTRS – Get Free Report) was the recipient of a significant decline in short interest during the month of October. As of October 15th, there was short interest totaling 69 shares, a decline of 57.1% from the September 30th total of 161 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 492 shares, the days-to-cover ratio is presently 0.1 days.

Mills Music Trust Stock Performance

Mills Music Trust stock opened at $21.96 on Friday. Mills Music Trust has a 12-month low of $21.00 and a 12-month high of $27.19. The firm’s fifty day moving average is $22.99 and its 200 day moving average is $24.39.

Mills Music Trust Company Profile

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Mills Music Trust (OTCMKTS:MMTRS) is a music royalty trust that holds interests in copyrights and other rights associated with musical compositions formerly published by Mills Music, Inc The trust’s primary activity is to collect and administer royalty income generated by those compositions.

Revenue may be derived from licensed uses of the catalog, including public performances, recordings, reproductions, synchronization in film and television, and printed or digital distribution, depending on the rights held in particular works.

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