Vanquis Banking Group plc (OTCMKTS:FPLPF) Sees Significant Decrease in Short Interest

Vanquis Banking Group plc (OTCMKTS:FPLPF) was the target of a significant decline in short interest during the month of January. As of January 31st, there was short interest totalling 2,200 shares, a decline of 99.6% from the January 15th total of 546,900 shares. Based on an average daily trading volume, of 300 shares, the short-interest ratio is currently 7.3 days.

Vanquis Banking Group Price Performance

OTCMKTS:FPLPF opened at $0.63 on Friday. The firm has a 50 day simple moving average of $0.67 and a 200-day simple moving average of $0.68. Vanquis Banking Group has a 1-year low of $0.58 and a 1-year high of $0.91.

About Vanquis Banking Group

Vanquis Banking Group plc engages in the provision of personal credit products to the non-standard lending market in the United Kingdom and the Republic of Ireland. The company offers credit cards products, and unsecured personal loans products, as well as provides vehicle finance for cars, motorbikes, van, and light commercial vehicles.