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Short Interest in Marston's PLC (OTCMKTS:MARZF) Increases By 41.6%

Defense World ·  Sep 30, 2022 14:41

Marston's PLC (OTCMKTS:MARZF – Get Rating) saw a large growth in short interest in the month of September. As of September 15th, there was short interest totalling 10,900 shares, a growth of 41.6% from the August 31st total of 7,700 shares. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days.

Wall Street Analyst Weigh In

Separately, HSBC cut Marston's from a "hold" rating to a "reduce" rating in a research report on Friday, July 8th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat, Marston's has a consensus rating of "Hold".

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Marston's Stock Performance

OTCMKTS:MARZF opened at $0.46 on Friday. Marston's has a 52 week low of $0.46 and a 52 week high of $1.17. The stock's 50-day moving average price is $0.57 and its 200-day moving average price is $0.77.

Marston's Company Profile

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Marston's PLC operates managed, franchised, tenanted, and leased pubs, bars, restaurants, and accommodations in the United Kingdom and internationally. The company operates through approximately 1,500 bars and pubs; and approximately 1,836 rooms. It is also involved in the property management; telecommunications; and insurance businesses.

Further Reading

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