Short Interest in Vanquis Banking Group plc (OTCMKTS:FPLPF) Declines By 90.5%

Vanquis Banking Group plc (OTCMKTS:FPLPF) was the target of a large drop in short interest during the month of March. As of March 15th, there was short interest totalling 11,100 shares, a drop of 90.5% from the February 28th total of 116,600 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is presently 111.0 days.

Vanquis Banking Group Stock Performance

OTCMKTS FPLPF remained flat at $0.71 during trading on Thursday. Vanquis Banking Group has a 12 month low of $0.63 and a 12 month high of $0.71. The business’s fifty day moving average is $0.66 and its 200-day moving average is $0.68.

About Vanquis Banking Group

Vanquis Banking Group plc engages in the provision of personal credit products to the non-standard lending market in the United Kingdom and the Republic of Ireland. The company offers credit cards products, and unsecured personal loans products, as well as provides vehicle finance for cars, motorbikes, van, and light commercial vehicles.