Martinrea International Inc. (OTCMKTS:MRETF) Short Interest Up 24.9% in March

Martinrea International Inc. (OTCMKTS:MRETF) saw a large growth in short interest in March. As of March 15th, there was short interest totalling 414,500 shares, a growth of 24.9% from the February 28th total of 331,800 shares. Based on an average daily volume of 23,900 shares, the short-interest ratio is currently 17.3 days.

Martinrea International Price Performance

Shares of MRETF stock opened at $5.05 on Thursday. The company’s 50-day moving average price is $5.65 and its 200-day moving average price is $6.71. Martinrea International has a twelve month low of $4.59 and a twelve month high of $9.20.

About Martinrea International

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.