Short Interest in Martinrea International Inc. (OTCMKTS:MRETF) Declines By 31.8%

Martinrea International Inc. (OTCMKTS:MRETF) saw a large decline in short interest in the month of November. As of November 30th, there was short interest totalling 293,400 shares, a decline of 31.8% from the November 15th total of 430,200 shares. Based on an average daily trading volume, of 4,900 shares, the short-interest ratio is presently 59.9 days.

Martinrea International Price Performance

MRETF stock traded down $0.14 during trading on Friday, reaching $6.80. 14,000 shares of the stock traded hands, compared to its average volume of 8,558. The business’s 50 day moving average price is $7.63 and its 200-day moving average price is $8.03. Martinrea International has a 52-week low of $6.80 and a 52-week high of $10.96.

Martinrea International Company Profile

Martinrea International Inc engages in the design, development, and manufacturing of engineered, value-added lightweight structures and propulsion systems worldwide. It offers lightweight structure products, including knuckles/control arms/links; subframes integral/fabricated products; complex assemblies; body structures; exterior trims; and trailer hitches.