Meituan (OTCMKTS:MPNGF) Short Interest Up 247.2% in February

Meituan (OTCMKTS:MPNGF) was the recipient of a significant growth in short interest during the month of February. As of February 15th, there was short interest totalling 5,630,800 shares, a growth of 247.2% from the January 31st total of 1,621,800 shares. Based on an average daily trading volume, of 33,600 shares, the days-to-cover ratio is currently 167.6 days.

Meituan Trading Down 4.1 %

Shares of OTCMKTS:MPNGF traded down $0.91 during midday trading on Friday, hitting $21.22. 1,466 shares of the company’s stock were exchanged, compared to its average volume of 18,248. Meituan has a 12 month low of $9.59 and a 12 month high of $28.08. The stock has a 50 day moving average price of $19.73 and a 200-day moving average price of $19.82.

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.