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 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 volume of 1,100 shares, the days-to-cover ratio is currently 1,785.8 days.

M&G Stock Performance

Shares of OTCMKTS MGPUF remained flat at $2.60 during midday trading on Friday. The firm has a 50-day simple moving average of $2.72 and a 200-day simple moving average of $2.69. M&G has a 52 week low of $2.26 and a 52 week 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.