Future plc (OTCMKTS:FRNWF) Sees Significant Decline in Short Interest

Future plc (OTCMKTS:FRNWF) was the target of a significant decline in short interest in the month of December. As of December 15th, there was short interest totalling 11,900 shares, a decline of 59.7% from the November 30th total of 29,500 shares. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days.

Future Stock Performance

Future stock remained flat at $11.67 during trading hours on Friday. Future has a 1-year low of $13.40 and a 1-year high of $13.40. The firm’s fifty day moving average price is $13.26 and its 200-day moving average price is $12.88.

About Future

Future plc, together with its subsidiaries, publishes and distributes content for games, entertainment, technology, sports, savings and wealth, lifestyle, knowledge and news, and B2B sectors primarily in the United States and the United Kingdom. It operates through Media and Magazine segments. The company offers content through various forms, such as websites, email newsletters, videos, social platforms, magazines, and events, as well as advertising comprising digital advertising, AVOD, newsletters, events, and lead generation; eCommerce, including print and digital subscriptions, and newstrade; and direct consumer monetisation frameworks.