Mitchells & Butlers Plc (OTCMKTS:MBPFF) Sees Significant Increase in Short Interest

Mitchells & Butlers Plc (OTCMKTS:MBPFF) saw a large growth in short interest in the month of January. As of January 15th, there was short interest totaling 8,583 shares, a growth of 245.7% from the December 31st total of 2,483 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average trading volume of 312 shares, the short-interest ratio is presently 27.5 days. Based on an average trading volume of 312 shares, the short-interest ratio is presently 27.5 days. Currently, 0.0% of the shares of the stock are sold short.

Mitchells & Butlers Price Performance

OTCMKTS MBPFF opened at $3.41 on Friday. Mitchells & Butlers has a twelve month low of $2.95 and a twelve month high of $3.70. The company’s 50-day simple moving average is $3.44 and its 200 day simple moving average is $3.45.

About Mitchells & Butlers

Mitchells & Butlers plc is one of the United Kingdom’s leading operators of managed pubs, bars and restaurants, trading under a portfolio of well-known brands. The company’s venues serve a broad spectrum of customers, from casual diners at family-friendly outlets to guests seeking premium steakhouse and craft bar experiences. Its core business activities encompass site management, menu development, beverage sourcing and hospitality operations across its estate.

The company’s brand portfolio includes names such as All Bar One, Toby Carvery, Harvester, Miller & Carter, Sizzling Pubs and Vintage Inns, among others.