Man Group Plc (OTCMKTS:MNGPF) Sees Significant Growth in Short Interest

Man Group Plc (OTCMKTS:MNGPF) was the target of a significant increase in short interest in March. As of March 31st, there was short interest totalling 4,600 shares, an increase of 21.1% from the March 15th total of 3,800 shares. Based on an average trading volume of 300 shares, the short-interest ratio is presently 15.3 days.

Man Group Price Performance

Shares of OTCMKTS MNGPF remained flat at $2.11 during mid-day trading on Monday. The company had a trading volume of 10,600 shares, compared to its average volume of 10,420. The stock has a 50 day moving average of $2.59 and a two-hundred day moving average of $2.63. Man Group has a one year low of $2.10 and a one year high of $3.28.

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.