M&G plc (OTCMKTS:MGPUF) Short Interest Down 14.9% in July

M&G plc (OTCMKTS:MGPUF) was the recipient of a large decline in short interest during the month of July. As of July 15th, there was short interest totalling 3,435,400 shares, a decline of 14.9% from the June 30th total of 4,039,100 shares. Based on an average trading volume of 5,400 shares, the days-to-cover ratio is presently 636.2 days.

M&G Price Performance

MGPUF opened at $2.70 on Tuesday. M&G has a fifty-two week low of $2.26 and a fifty-two week high of $2.98. The company’s 50 day moving average price is $2.58 and its two-hundred day moving average price is $2.70.

M&G Company Profile

M&G plc, through its subsidiaries, engages in savings and investment businesses in the United Kingdom and internationally. The company operates through three segments: Asset Management, Life, and Wealth. It offers retirement, savings, and investment management solutions. The company also provides individual and corporate pensions, retirement, annuities, life, savings, and investment products, such as equities, fixed income, multi-asset and real estate.