Mapfre, S.A. (OTCMKTS:MPFRF) Short Interest Update

Mapfre, S.A. (OTCMKTS:MPFRF) was the target of a large decrease in short interest in the month of April. As of April 30th, there was short interest totaling 552,024 shares, a decrease of 63.0% from the April 15th total of 1,492,961 shares. Based on an average daily volume of 273 shares, the days-to-cover ratio is currently 2,022.1 days.

Wall Street Analyst Weigh In

Separately, UBS Group initiated coverage on Mapfre in a research report on Tuesday, January 20th. They set a “sell” rating on the stock. One research analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold”.

Mapfre Price Performance

Shares of Mapfre stock remained flat at $5.00 on Friday. The company’s 50-day simple moving average is $4.52 and its 200 day simple moving average is $4.41. Mapfre has a one year low of $3.79 and a one year high of $5.00.

About Mapfre

Mapfre, SA is a global insurance group headquartered in Majadahonda, Spain. Founded in 1933 as a mutual insurance company for agricultural producers, Mapfre has grown into one of the leading insurers in Latin America and Europe. The company’s core activities encompass life and non-life insurance, covering property and casualty, auto, health, and personal accident lines. It also provides investment management and pension products, offering a full suite of services for both individual and corporate clients.

Through its operating subsidiaries and joint ventures, Mapfre maintains a presence in more than 40 countries across Europe, Latin America, North America, the Middle East and Africa, and Asia.