Marston’s PLC (OTCMKTS:MARZF) Stock Short Interest Drops 75.1%

Marston’s PLC (OTCMKTS:MARZF) saw a large drop in short interest during the month of September. As of September 15th, there was short interest totaling 10,570 shares, a drop of 75.1% from the August 31st total of 42,403 shares. Based on an average daily trading volume, of 400 shares, the days-to-cover ratio is presently 26.4 days.

Marston’s Stock Performance

Shares of OTCMKTS:MARZF remained flat at $0.59 during midday trading on Friday. The stock’s 50-day simple moving average is $0.69 and its two-hundred day simple moving average is $0.70. Marston’s has a fifty-two week low of $0.53 and a fifty-two week high of $0.94.

About Marston’s

Marston’s plc is a United Kingdom-based pub operator that owns, operates and franchises a broad estate of pubs, bars and restaurants. Its venues range from community pubs and traditional local inns to food-led restaurants and premium destination pubs, offering drinks, meals and hospitality services.

The company serves customers across England and Wales through a portfolio that includes managed, franchised and tenanted pubs. Its brands and formats have included Marston’s pubs, Two for One, Generous George, Pitcher & Piano and premium pub venues, although the mix of properties and branding may change over time.

Marston’s has roots in the British brewing and pub industry dating back to the 19th century and was formerly involved in brewing several well-known ale brands.