Man Group Plc (OTCMKTS:MNGPF) Sees Large Drop in Short Interest

Man Group Plc (OTCMKTS:MNGPF) saw a large decrease in short interest in the month of July. As of July 15th, there was short interest totalling 76,200 shares, a decrease of 38.6% from the June 30th total of 124,100 shares. Based on an average daily volume of 400 shares, the short-interest ratio is presently 190.5 days.

Man Group Price Performance

OTCMKTS:MNGPF remained flat at $3.28 during trading hours on Friday. The business’s fifty day moving average is $3.30 and its 200 day moving average is $3.20. Man Group has a 1-year low of $2.46 and a 1-year high of $3.55.

About Man Group

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.