Man Group Plc (OTCMKTS:MNGPF) Stock Short Interest Report for October

Man Group Plc (OTCMKTS:MNGPF) was the recipient of a large increase in short interest in October. As of October 30th, there was short interest totaling 20,274 shares, an increase of 3,640.6% from the October 15th total of 542 shares. Based on an average trading volume of 543 shares, the short-interest ratio is presently 37.3 days.

Analyst Upgrades and Downgrades

MNGPF has been the subject of a number of research analyst reports. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Man Group in a research report on Friday, October 2nd. Citigroup restated a “buy” rating on shares of Man Group in a research report on Wednesday, October 28th. Two investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy”.

Man Group Stock Performance

Shares of MNGPF opened at $3.90 on Wednesday. Man Group has a fifty-two week low of $2.65 and a fifty-two week high of $4.66. The firm has a 50 day moving average price of $4.09 and a 200-day moving average price of $3.87.

Man Group Company Profile

Man Group plc is a global active investment management firm serving institutional investors, private-wealth clients and other financial intermediaries. The company manages a range of investment strategies across public and private markets, with capabilities spanning alternative investments, long-only equities and fixed income, multi-asset portfolios, and customized investment solutions. Man Group operates through several specialist investment businesses, including AHL, which focuses on systematic and quantitative strategies; Man GLG, a discretionary investment manager; Man Numeric, which applies quantitative approaches to equities; and Man Solutions, which provides portfolio design, advisory and implementation services.