MARTINREA INTERNATIONAL INC ORDINARY SH (OTCMKTS:MRETF) Shorts Decreased by 3.55% After Short Covering

Martinrea International Inc. (OTCMKTS:MRETF) Logo

The stock of MARTINREA INTERNATIONAL INC ORDINARY SH (OTCMKTS:MRETF) registered a decrease of 3.55% in short interest. MRETF’s total short interest was 174,100 shares in March as published by FINRA. Its down 3.55% from 180,500 shares, reported previously. With 3,900 shares average volume, it will take short sellers 45 days to cover their MRETF’s short positions.

It closed at $9.4 lastly. It is down 0.00% since March 17, 2018 and is . It has underperformed by 4.37% the S&P500.

Martinrea International Inc. designs, engineers, makes, and sells metal parts, assemblies and modules, fluid management systems, and aluminum products primarily to the automotive sector in North America, Europe, and internationally. The company has market cap of $784.38 million. It offers suspension and chassis metal components, such as suspension and cross-members, suspension lines and arms, hot-stamped structural products, and hitch and bumper assemblies; and body and structure metal components, including body structure-cross-members and rail assemblies, structural BIW components, hot-stamped structural products, and underbody stampings and assemblies. It has a 6.04 P/E ratio. The firm also provides aluminum components for engine, transmission, suspension, and body-in-white applications comprising engine blocks, cylinder heads, oil pans, cylinder head covers, etc.; transmission housings for trucks and passenger cars, intermediate housings and plates, axle transmission housings, etc.; sub-frames, trailing arms and side members, cross-members, swivel bearings, wheel carriers, etc.; space frame components, structural parts, longitudinal beams, etc.; and heat sinks, extrusion profiles, and rolled sheets and plates.

More notable recent Martinrea International Inc. (OTCMKTS:MRETF) news were published by: Seekingalpha.com which released: “Martinrea International: At 5x EPS, 3.5x EBITDA, And 1.1x TBV, Improving Fundamentals Make It Too Cheap To Ignore – Seeking Alpha” on August 22, 2018, also Seekingalpha.com with their article: “Martinrea International Inc. 2017 Q3 – Results – Earnings Call Slides – Seeking Alpha” published on November 16, 2017, Seekingalpha.com published: “Linamar’s Opportunity In The New Age Of Electric Vehicles – Seeking Alpha” on October 16, 2018. More interesting news about Martinrea International Inc. (OTCMKTS:MRETF) were released by: Seekingalpha.com and their article: “Shifting The Gears On Auto Industry Growth – Seeking Alpha” published on April 08, 2016 as well as Seekingalpha.com‘s news article titled: “Perspectives On The VW Scandal – Seeking Alpha” with publication date: September 26, 2015.

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