MTR Co. Limited (OTCMKTS:MTCPY) Sees Large Drop in Short Interest

MTR Co. Limited (OTCMKTS:MTCPY) was the recipient of a significant drop in short interest in the month of February. As of February 15th, there was short interest totalling 100 shares, a drop of 66.7% from the January 31st total of 300 shares. Based on an average daily trading volume, of 600 shares, the short-interest ratio is presently 0.2 days.

MTR Price Performance

MTCPY stock remained flat at $9.86 during midday trading on Friday. 41 shares of the company’s stock were exchanged, compared to its average volume of 369. MTR has a 1 year low of $9.05 and a 1 year high of $11.97. The stock’s fifty day simple moving average is $9.75 and its 200-day simple moving average is $10.27.

MTR Company Profile

MTR Corporation Limited designs, constructs, operates, maintains, and invests in railways in Hong Kong, Australia, Mainland China, Macao, Sweden, and the United Kingdom. It operates through Hong Kong Transport Operations; Hong Kong Station Commercial Businesses; Hong Kong Property Rental and Management Businesses; Hong Kong Property Development; Mainland China and International Railway, Property Rental and Management Businesses; Mainland China Property Development; and Other Businesses segments.