Meituan (OTCMKTS:MPNGF) Short Interest Update

Meituan (OTCMKTS:MPNGF) was the recipient of a large growth in short interest in November. As of November 30th, there was short interest totalling 3,868,400 shares, a growth of 20.3% from the November 15th total of 3,216,200 shares. Based on an average daily volume of 8,500 shares, the short-interest ratio is currently 455.1 days.

Meituan Stock Up 4.7 %

Shares of MPNGF traded up $1.00 during mid-day trading on Monday, reaching $22.25. 1,700 shares of the stock traded hands, compared to its average volume of 21,817. Meituan has a 1 year low of $7.75 and a 1 year high of $28.08. The firm has a fifty day moving average price of $22.72 and a 200 day moving average price of $17.84.

Meituan Company Profile

Meituan operates as a technology retail company in the People's Republic of China. It operates through Core Local Commerce and New Initiatives segments. The company offers food delivery services; and helps consumers purchase local consumer services provided by merchants in numerous in-store categories or make reservations for hotels, and attraction and transportation ticketing.