Vanquis Banking Group plc (OTCMKTS:FPLPF – Get Free Report) was the recipient of a significant growth in short interest in the month of May. As of May 15th, there was short interest totaling 9,599 shares, a growth of 117.7% from the April 30th total of 4,410 shares. Based on an average daily volume of 568 shares, the days-to-cover ratio is currently 16.9 days.
Vanquis Banking Group Price Performance
Shares of FPLPF opened at $1.56 on Friday. Vanquis Banking Group has a 12-month low of $1.49 and a 12-month high of $1.56. The firm has a 50-day moving average price of $1.53 and a 200 day moving average price of $1.51.
About Vanquis Banking Group
Vanquis Banking Group plc is a UK-based specialist card issuer focused on providing unsecured credit cards to consumers with limited or impaired credit histories. Headquartered in Bradford, England, the group operates under the Vanquis Bank brand and is regulated by the UK Financial Conduct Authority. Vanquis Banking Group aims to support customers in building or rebuilding their credit profile by offering a straightforward credit card product combined with credit-building tools and support services.
The company’s core activity is the origination and management of unsecured credit card accounts.
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