Marine Petroleum U shares had a trading volume of 595 by the end of trading on Tuesday. Shares saw a steep decrease in trading volume of 77.94% under the normal average daily volume.
Short traders are more bullish of late if you pay attention to the decrease in short interest. The stock recorded a fall in short interest of -44.58% as of the latest report on October 13, 2017. Short shares fell from 3,607 to 1,999 over that period. With short interest at 1,999 and short average daily volume at 4,066, the short-interest ratio is 0.0 and the percentage of shorted shares is 0.00% as of October 13.
These firms have modified their investment in MARPS. Fifth Third Bancorp trimmed its ownership by shedding 550 shares a decrease of 84.6% in the quarter. Fifth Third Bancorp controls 100 shares valued at $0. The value of the position overall is down by 100.0%. Royal Bank Of Canada cut its holdings by selling 4,900 shares a decrease of 98.0% from 03/31/2017 to 06/30/2017. Royal Bank Of Canada now holds 100 shares worth $0. The total value of its holdings decreased 100.0%.
As of the end of the quarter Ubs Group Ag had bought 9,836 shares growing its stake by 370.5%. The value of the investment in MARPS increased from $11,000 to $47,000 a change of 327.3% quarter to quarter. Wells Fargo & Company/mn reduced its position by shedding 1 shares a decrease of 100.0%. Wells Fargo & Company/mn owns 0 shares with a value of $0. The value of the position overall is down by nan%.
The company is up by 5.12% percent from yesterday’s close. The company currently has a P/E ratio of 12.46 and the market cap is 7.95M. As of the latest earnings report the EPS was $0.31 with 2.00M shares now outstanding.
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..