Mercialys SA (OTCMKTS:MEIYF) Sees Significant Increase in Short Interest

Mercialys SA (OTCMKTS:MEIYF) was the target of a large increase in short interest in December. As of December 15th, there was short interest totaling 15,714 shares, an increase of 50.4% from the November 30th total of 10,446 shares. Based on an average daily volume of 19 shares, the short-interest ratio is currently 827.1 days. Based on an average daily volume of 19 shares, the short-interest ratio is currently 827.1 days.

Mercialys Stock Performance

MEIYF stock traded up $1.12 during trading on Tuesday, reaching $12.83. The stock had a trading volume of 702 shares, compared to its average volume of 631. The firm has a fifty day moving average price of $11.98 and a 200 day moving average price of $12.30. Mercialys has a 1-year low of $11.53 and a 1-year high of $13.04.

About Mercialys

Mercialys is a French real estate investment trust specializing in the ownership, development and management of retail property assets. Established in 2005 following its spin-off from the Casino Group, the company focuses on maximizing the performance of shopping centers and retail outlets through strategic enhancements and tenant diversification. Mercialys’s portfolio comprises over 80 regional and local retail destinations across metropolitan France.

The company’s core activities include asset acquisition, property asset management, leasing and facility services.