Mills Music Trust (OTCMKTS:MMTRS) Short Interest Up 57.4% in August

Mills Music Trust (OTCMKTS:MMTRS) saw a large increase in short interest in August. As of August 31st, there was short interest totaling 85 shares, an increase of 57.4% from the August 15th total of 54 shares. Based on an average daily volume of 129 shares, the short-interest ratio is presently 0.7 days. Currently, 0.0% of the company’s stock are short sold.

Mills Music Trust Stock Performance

Shares of OTCMKTS MMTRS remained flat at $24.65 during trading hours on Thursday. The stock had a trading volume of 1,000 shares, compared to its average volume of 101. Mills Music Trust has a 12 month low of $21.00 and a 12 month high of $28.52. The firm’s fifty day moving average price is $24.61 and its 200 day moving average price is $24.91.

About Mills Music Trust

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. EMI Mills Music Inc operates as an owner of the copyrighted materials contained in the catalogue. Mills Music Trust was founded in 1964 and is based in New York, New York.