Marlowe plc (OTCMKTS:MRLWF) Sees Large Decrease in Short Interest

Marlowe plc (OTCMKTS:MRLWF) was the target of a large drop in short interest in August. As of August 31st, there was short interest totalling 300 shares, a drop of 99.6% from the August 15th total of 68,000 shares. Based on an average daily trading volume, of 500 shares, the short-interest ratio is presently 0.6 days.

Marlowe Price Performance

MRLWF traded up $0.22 during trading on Thursday, hitting $6.22. The stock had a trading volume of 221 shares, compared to its average volume of 1,292. The stock has a 50 day simple moving average of $5.69 and a two-hundred day simple moving average of $6.09. Marlowe has a twelve month low of $3.95 and a twelve month high of $7.60.

Marlowe Company Profile

Marlowe plc provides compliance services and software in the United Kingdom. The company operates in two segments, Governance, Risk and Compliance; and Testing, and Inspection and Certification. It offers health and safety consultancy, risk and audit assessments, environmental, contractor management, and training services; and health and safety support services.