PageGroup plc (OTCMKTS:MPGPF) Sees Large Increase in Short Interest

PageGroup plc (OTCMKTS:MPGPF) saw a large increase in short interest in the month of February. As of February 15th, there was short interest totalling 400,400 shares, an increase of 78.5% from the January 31st total of 224,300 shares. Based on an average daily volume of 1,400 shares, the days-to-cover ratio is presently 286.0 days.

PageGroup Stock Performance

Shares of OTCMKTS MPGPF remained flat at $4.00 during trading hours on Friday. 13,879 shares of the company traded hands, compared to its average volume of 465. PageGroup has a twelve month low of $3.78 and a twelve month high of $4.09. The firm has a fifty day moving average of $4.30 and a two-hundred day moving average of $4.79.

Wall Street Analysts Forecast Growth

Separately, BNP Paribas cut shares of PageGroup from a “strong-buy” rating to a “hold” rating in a report on Monday, December 16th. Two research analysts have rated the stock with a hold rating and two have given a strong buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Buy”.

PageGroup Company Profile

PageGroup plc, together with its subsidiaries, provides recruitment consultancy and other ancillary services in the United Kingdom, rest of Europe, the Middle East, Africa, the Asia Pacific, and the Americas. It offers executive search services, such as search, selection, and talent management solutions for organizations on a permanent and interim basis under the Page Executive brand; and recruitment services for qualified professional and management level on permanent, temporary, and contract or interim basis under the Michael Page brand.