M&G plc (OTCMKTS:MGPUF) Short Interest Update

M&G plc (OTCMKTS:MGPUF) was the target of a large drop in short interest in the month of February. As of February 15th, there was short interest totalling 785,200 shares, a drop of 28.3% from the January 31st total of 1,095,800 shares. Based on an average daily trading volume, of 3,300 shares, the days-to-cover ratio is currently 237.9 days.

M&G Trading Down 7.2 %

Shares of OTCMKTS:MGPUF traded down $0.21 on Wednesday, hitting $2.69. The company had a trading volume of 891 shares, compared to its average volume of 23,161. The firm’s 50-day simple moving average is $2.60 and its two-hundred day simple moving average is $2.65. M&G has a 1 year low of $2.24 and a 1 year high of $3.04.

About M&G

M&G plc, through its subsidiaries, engages in savings and investment businesses in the United Kingdom and internationally. The company operates through three segments: Asset Management, Life, and Wealth. It offers retirement, savings, and investment management solutions. The company also provides individual and corporate pensions, retirement, annuities, life, savings, and investment products, such as equities, fixed income, multi-asset and real estate.