Short Interest in Mapfre, S.A. (OTCMKTS:MPFRY) Grows By 139.3%

Mapfre, S.A. (OTCMKTS:MPFRY) was the target of a significant increase in short interest during the month of January. As of January 30th, there was short interest totaling 7,762 shares, an increase of 139.3% from the January 15th total of 3,243 shares. Based on an average trading volume of 941 shares, the days-to-cover ratio is currently 8.2 days. Based on an average trading volume of 941 shares, the days-to-cover ratio is currently 8.2 days.

Mapfre Stock Performance

Shares of MPFRY stock remained flat at $9.85 during trading hours on Thursday. 29 shares of the company’s stock traded hands, compared to its average volume of 4,002. Mapfre has a 52-week low of $5.75 and a 52-week high of $10.20. The stock has a 50-day simple moving average of $9.36 and a 200 day simple moving average of $9.17.

Mapfre Announces Dividend

The firm also recently disclosed a dividend, which was paid on Monday, December 15th. Shareholders of record on Thursday, November 27th were issued a $0.0988 dividend. The ex-dividend date was Wednesday, November 26th. This represents a yield of 243.0%. Mapfre’s dividend payout ratio (DPR) is 35.86%.

About Mapfre

Mapfre is a Spanish‐based global insurance group offering a broad range of protection and assistance services. The company provides life, health, property and casualty, automobile, and agricultural insurance products, as well as reinsurance solutions and risk management services for both individual and corporate clients. Its service portfolio also includes assistance services such as roadside help, travel assistance, and home care, positioning the firm as a full‐service insurance partner.

Founded in 1933 and headquartered in Madrid, Mapfre has grown from a domestic insurer into a multi‐national organization.