M&G plc (OTCMKTS:MGPUF) Short Interest Down 18.0% in October

M&G plc (OTCMKTS:MGPUF) was the target of a significant drop in short interest in the month of October. As of October 15th, there was short interest totalling 1,342,100 shares, a drop of 18.0% from the September 30th total of 1,637,500 shares. Based on an average daily trading volume, of 153,200 shares, the short-interest ratio is presently 8.8 days.

M&G Stock Down 2.7 %

MGPUF stock traded down $0.07 during midday trading on Wednesday, reaching $2.53. The company had a trading volume of 4,017 shares, compared to its average volume of 17,885. The company has a 50 day moving average of $2.78 and a two-hundred day moving average of $2.66. M&G has a 1 year low of $2.36 and a 1 year high of $3.04.

M&G Company Profile

M&G plc, through its subsidiaries, engages in savings and investment businesses in the United Kingdom and internationally. The company operates through three segments: Asset Management, Life, and Wealth. It offers retirement, savings, and investment management solutions. The company also provides individual and corporate pensions, retirement, annuities, life, savings, and investment products, such as equities, fixed income, multi-asset and real estate.