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

M&G plc (OTCMKTS:MGPUF) saw a large drop in short interest during the month of August. As of August 31st, there was short interest totalling 1,964,400 shares, a drop of 21.1% from the August 15th total of 2,489,400 shares. Based on an average daily trading volume, of 1,100 shares, the days-to-cover ratio is presently 1,785.8 days.

M&G Price Performance

MGPUF remained flat at $2.60 during trading on Friday. M&G has a one year low of $2.26 and a one year high of $3.04. The firm has a fifty day moving average price of $2.72 and a two-hundred day moving average price of $2.69.

M&G Company Profile

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.