Mr Price Group Limited (OTCMKTS:MRPLY) Sees Large Drop in Short Interest

Mr Price Group Limited (OTCMKTS:MRPLY) saw a large drop in short interest in the month of January. As of January 15th, there was short interest totaling 291 shares, a drop of 15.7% from the December 31st total of 345 shares. Based on an average trading volume of 930 shares, the days-to-cover ratio is currently 0.3 days. Based on an average trading volume of 930 shares, the days-to-cover ratio is currently 0.3 days.

Mr Price Group Trading Up 3.8%

Shares of OTCMKTS:MRPLY opened at $11.22 on Tuesday. Mr Price Group has a 1 year low of $10.00 and a 1 year high of $14.19. The firm’s 50-day moving average is $11.06 and its two-hundred day moving average is $11.80.

About Mr Price Group

Mr Price Group Limited (OTCMKTS: MRPLY) is a South African-based retailer known for its value-led fashion and homeware offerings. The Group operates through several divisions, including apparel, homeware and sportswear, designing and sourcing clothing, footwear, accessories and household products. It also offers financial services—such as credit and insurance—through its Mr Price Money and Mr Price Insurance arms, complementing its core retail operations.

Founded in 1985 with a single Mr Price store in Durban, the Group has since expanded into multiple brands, including Mr Price Home and Mr Price Sport.