Man Group Plc (OTCMKTS:MNGPF) Short Interest Update

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

Man Group Stock Performance

Shares of MNGPF traded up $0.22 during trading hours on Tuesday, hitting $2.93. 200 shares of the company were exchanged, compared to its average volume of 233. The firm has a fifty day simple moving average of $2.68 and a 200-day simple moving average of $2.65. Man Group has a one year low of $2.55 and a one year high of $3.55.

Analyst Ratings Changes

Several research firms have recently weighed in on MNGPF. Canaccord Genuity Group raised Man Group from a “sell” rating to a “buy” rating in a research note on Wednesday, December 11th. Canaccord Genuity Group raised Man Group from a “sell” rating to a “buy” rating in a research note 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.