M&G plc (OTCMKTS:MGPUF) Sees Significant Decrease in Short Interest

M&G plc (OTCMKTS:MGPUF) saw a significant drop in short interest in October. As of October 15th, there was short interest totalling 1,342,100 shares, a drop of 18.0% from the September 30th total of 1,637,500 shares. Based on an average trading volume of 153,200 shares, the short-interest ratio is currently 8.8 days.

M&G Stock Down 7.3 %

MGPUF opened at $2.55 on Monday. The company has a fifty day moving average of $2.80 and a 200 day moving average of $2.66. M&G has a fifty-two week low of $2.33 and a fifty-two week high of $3.04.

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.