Mapfre, S.A. (OTCMKTS:MPFRF) Short Interest Update

Mapfre, S.A. (OTCMKTS:MPFRF) was the target of a significant growth in short interest in February. As of February 27th, there was short interest totaling 2,543,044 shares, a growth of 39.8% from the February 12th total of 1,819,287 shares. Based on an average trading volume of 669 shares, the short-interest ratio is currently 3,801.3 days. Based on an average trading volume of 669 shares, the short-interest ratio is currently 3,801.3 days.

Mapfre Price Performance

OTCMKTS:MPFRF opened at $4.25 on Friday. The business’s 50-day moving average price is $4.31 and its 200 day moving average price is $4.27. Mapfre has a 52-week low of $3.79 and a 52-week high of $4.25.

Analysts Set New Price Targets

Separately, UBS Group started coverage on Mapfre in a report on Tuesday, January 20th. They set a “sell” rating on the stock. One equities research analyst has rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold”.

About Mapfre

Mapfre, SA is a global insurance group headquartered in Majadahonda, Spain. Founded in 1933 as a mutual insurance company for agricultural producers, Mapfre has grown into one of the leading insurers in Latin America and Europe. The company’s core activities encompass life and non-life insurance, covering property and casualty, auto, health, and personal accident lines. It also provides investment management and pension products, offering a full suite of services for both individual and corporate clients.

Through its operating subsidiaries and joint ventures, Mapfre maintains a presence in more than 40 countries across Europe, Latin America, North America, the Middle East and Africa, and Asia.