(NASDAQ:MARPS) shares saw light trading volume with 0 shares changing hands on Tuesday. Volume was down 100.00% under the stocks average daily volume.
Investors are more bullish on shares of N/A lately if you look at the downtick in short interest. The company realized a fall in short interest from September 29, 2017 to October 13, 2017 of -44.58%. Short interest decreased from 3,607 to 1,999 over that period. With short interest at 1,999 and short average daily volume at 4,066, days to cover is 0.0 and the percentage of shorted shares was 0.00% on October 13.
Here are a few substantial investment firms who have updated their positions. As of quarter end Tower Research Capital LLC (trc) had disposed of a total of 11 shares trimming its position 1.4%. The value of the total investment in N/A decreased from $3,000 to $3,000 a change of 0.0% since the last quarter. Fifth Third Bancorp reduced its ownership by selling 550 shares a decrease of 84.6% from 03/31/2017 to 06/30/2017. Fifth Third Bancorp now controls 100 shares valued at $0. The total value of its holdings decreased 100.0%.
As of the end of the quarter Royal Bank Of Canada had sold 4,900 shares trimming its stake by 98.0%. The value of the investment in N/A went from $21,000 to $0 a change of $21,000 quarter to quarter. As of quarter end Ubs Group Ag had bought 9,836 shares growing its holdings by 370.5%. The value of the company’s investment in N/A increased from $11,000 to $47,000 increasing 327.3% quarter over quarter.
In the market the company is trading unchanged from yesterday’s close of $3.83. Shares are trading at $3.83 a tad under $3.99, the stock’s 50 day moving average and which is just over the 200 day moving average of $3.74. The 50 day moving average moved down $-0.16 whereas the 200 day moving average was up $0.09 or +2.4296%.
The company currently has a P/E ratio of 10.1920 and market capitalization is 7.66M.
Marine Petroleum Trust (the Trust), incorporated in 1956, is a royalty trust. The Trust is involved in the administration and liquidation of rights to payments from certain oil and natural gas leases in the Gulf of Mexico, under license agreements and amendments between the Trust’s predecessors and Chevron Corporation (Chevron) and its assignees. The Trust distributes all income, after paying its liabilities and obligations, to the unit holders during the months of March, June, September and December each year..Advertisement