Meituan (OTCMKTS:MPNGF) Short Interest Down 34.7% in November

Meituan (OTCMKTS:MPNGF) saw a large drop in short interest in the month of November. As of November 15th, there was short interest totalling 3,216,200 shares, a drop of 34.7% from the October 31st total of 4,922,700 shares. Based on an average daily trading volume, of 69,700 shares, the short-interest ratio is presently 46.1 days.

Meituan Trading Up 14.1 %

MPNGF stock traded up $2.90 during trading on Thursday, hitting $23.49. The company had a trading volume of 9,420 shares, compared to its average volume of 22,684. Meituan has a 52-week low of $7.75 and a 52-week high of $28.08. The company has a 50 day simple moving average of $22.56 and a 200-day simple moving average of $17.30.

Meituan Company Profile

Meituan operates as a technology retail company in the People's Republic of China. It operates through Core Local Commerce and New Initiatives segments. The company offers food delivery services; and helps consumers purchase local consumer services provided by merchants in numerous in-store categories or make reservations for hotels, and attraction and transportation ticketing.