Mercialys SA (OTCMKTS:MEIYF – Get Free Report) was the recipient of a significant growth in short interest in December. As of December 31st, there was short interest totaling 257,956 shares, a growth of 1,541.6% from the December 15th total of 15,714 shares. Based on an average trading volume of 258 shares, the days-to-cover ratio is currently 999.8 days. Based on an average trading volume of 258 shares, the days-to-cover ratio is currently 999.8 days.
Mercialys Price Performance
Mercialys stock remained flat at $12.98 during midday trading on Monday. The company’s fifty day moving average is $12.12 and its two-hundred day moving average is $12.35. Mercialys has a 1 year low of $11.53 and a 1 year high of $13.04.
About Mercialys
Mercialys is a French real estate investment trust specializing in the ownership, development and management of retail property assets. Established in 2005 following its spin-off from the Casino Group, the company focuses on maximizing the performance of shopping centers and retail outlets through strategic enhancements and tenant diversification. Mercialys’s portfolio comprises over 80 regional and local retail destinations across metropolitan France.
The company’s core activities include asset acquisition, property asset management, leasing and facility services.
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