CTRL Group Limited (NASDAQ:MCTR) Short Interest Update

CTRL Group Limited (NASDAQ:MCTR) was the target of a large increase in short interest in September. As of September 15th, there was short interest totaling 119,300 shares, an increase of 99.5% from the August 31st total of 59,800 shares. Based on an average trading volume of 180,000 shares, the days-to-cover ratio is currently 0.7 days. Approximately 3.0% of the shares of the stock are short sold. Approximately 3.0% of the shares of the stock are short sold. Based on an average trading volume of 180,000 shares, the days-to-cover ratio is currently 0.7 days.

CTRL Group Stock Performance

MCTR opened at $1.79 on Friday. CTRL Group has a twelve month low of $1.33 and a twelve month high of $54.91. The company has a 50-day moving average price of $1.83 and a 200 day moving average price of $4.48.

Hedge Funds Weigh In On CTRL Group

A hedge fund recently bought a new stake in CTRL Group stock. Marex Group plc bought a new stake in CTRL Group Limited (NASDAQ:MCTR) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 25,000 shares of the company’s stock, valued at approximately $70,000. Marex Group plc owned approximately 0.17% of CTRL Group at the end of the most recent reporting period.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on the company. Weiss Ratings restated a “sell (e)” rating on shares of CTRL Group in a research note on Saturday, September 27th. Wall Street Zen lowered CTRL Group from a “hold” rating to a “sell” rating in a report on Sunday, September 21st. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company presently has a consensus rating of “Sell”.

About CTRL Group

Ctrl Group Ltd. is a holding company, which engages in the provision of marketing and advertising services. It offers one-stop advertising services to clients throughout the entire advertising process, which comprises the planning, creating, launching, managing, and performance monitoring of the advertisements.