Man Group Plc (OTCMKTS:MNGPF) Short Interest Update

Man Group Plc (OTCMKTS:MNGPF) was the target of a large decrease in short interest in the month of February. As of February 28th, there was short interest totalling 7,900 shares, a decrease of 17.7% from the February 13th total of 9,600 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Analyst Upgrades and Downgrades

Several analysts recently commented on the company. Canaccord Genuity Group upgraded Man Group from a “sell” rating to a “buy” rating in a research report on Wednesday, December 11th. Canaccord Genuity Group upgraded Man Group from a “sell” rating to a “buy” rating in a research report on Wednesday, December 11th.

Man Group Stock Up 8.1 %

MNGPF traded up $0.22 during trading hours on Tuesday, hitting $2.93. The company’s stock had a trading volume of 200 shares, compared to its average volume of 233. Man Group has a fifty-two week low of $2.55 and a fifty-two week high of $3.55. The company has a 50-day simple moving average of $2.68 and a 200 day simple moving average of $2.65.

Man Group Company Profile

Man Group Limited is a publicly owned investment manager. The firm provides long-only and alternative investment management services worldwide. It offers a range of liquid investment products and solutions, which include quantitative, multi-manager and discretionary investment styles, and span across various asset classes, like equity, real estate, currency, credit, volatility, and commodities.