Short Interest in Mills Music Trust (OTCMKTS:MMTRS) Drops By 50.0%

Mills Music Trust (OTCMKTS:MMTRSGet Free Report) was the target of a significant decrease in short interest in the month of May. As of May 31st, there was short interest totalling 100 shares, a decrease of 50.0% from the May 15th total of 200 shares. Based on an average daily trading volume, of 700 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the shares of the stock are short sold.

Mills Music Trust Stock Performance

Shares of Mills Music Trust stock opened at $26.25 on Friday. Mills Music Trust has a fifty-two week low of $23.75 and a fifty-two week high of $52.60. The business has a fifty day simple moving average of $25.30 and a 200-day simple moving average of $30.50.

About Mills Music Trust

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Mills Music Trust holds the right to receive payment of a deferred contingent purchase price obligation relating to music and lyric copyright catalogue payable by EMI Mills Music Inc primarily in the United States. The payments of the contingent portion are based on royalty income generated by the catalogue.

Further Reading

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