Short Interest in Mr Price Group Limited (OTCMKTS:MRPLY) Expands By 30.0%

Mr Price Group Limited (OTCMKTS:MRPLY) was the target of a large growth in short interest in December. As of December 31st, there was short interest totalling 2,600 shares, a growth of 30.0% from the December 15th total of 2,000 shares. Based on an average trading volume of 2,600 shares, the short-interest ratio is presently 1.0 days.

Mr Price Group Stock Performance

MRPLY remained flat at $14.71 on Friday. The company had a trading volume of 130 shares, compared to its average volume of 462. Mr Price Group has a 12-month low of $7.78 and a 12-month high of $17.00. The stock’s fifty day simple moving average is $15.58 and its two-hundred day simple moving average is $13.99.

Mr Price Group Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, December 27th. Investors of record on Friday, December 13th were issued a dividend of $0.1185 per share. The ex-dividend date was Friday, December 13th. Mr Price Group’s dividend payout ratio is currently 44.80%.

About Mr Price Group

Mr Price Group Limited, together with its subsidiaries, operates as a fashion retailer serving women, men, and children in South Africa and internationally. The company operates through Apparel, Homeware, Financial Services, and Telecoms segments. It offers clothing, cosmetics, babywear, school wear, footwear, underwear, and accessories; furniture and kids merchandise; sporting, outdoor, and fitness products comprising footwear, apparel, equipment, and accessories; women’s smart and casual fashion and intimate wear; and home textile and decor products for bedroom, living-room, bathroom, kitchen, and dining-room.