Marston’s PLC (OTCMKTS:MARZF) Sees Large Decrease in Short Interest

Marston’s PLC (OTCMKTS:MARZF) was the target of a significant decrease in short interest during the month of July. As of July 31st, there was short interest totaling 23,748 shares, a decrease of 46.9% from the July 15th total of 44,761 shares. Based on an average trading volume of 417 shares, the days-to-cover ratio is presently 56.9 days.

Marston’s Stock Performance

Shares of OTCMKTS MARZF traded up $0.01 during midday trading on Friday, hitting $0.71. The stock had a trading volume of 3,500 shares, compared to its average volume of 16,541. The stock has a 50 day simple moving average of $0.68 and a 200-day simple moving average of $0.73. Marston’s has a 1 year low of $0.51 and a 1 year high of $0.94.

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.