Man Group Plc (OTCMKTS:MNGPF) Short Interest Down 17.7% in February

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

Man Group Stock Performance

OTCMKTS MNGPF opened at $2.93 on Thursday. The stock’s 50 day simple moving average is $2.69 and its 200 day simple moving average is $2.66. Man Group has a one year low of $2.55 and a one year high of $3.55.

Analyst Ratings Changes

A number of research analysts have issued reports on the company. Canaccord Genuity Group raised Man Group from a “sell” rating to a “buy” rating in a report on Wednesday, December 11th. Canaccord Genuity Group raised shares of Man Group from a “sell” rating to a “buy” rating in a report on Wednesday, December 11th.

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.