Man Group Plc (OTCMKTS:MNGPF) Short Interest Up 113.3% in February

Man Group Plc (OTCMKTS:MNGPF) was the target of a large growth in short interest in February. As of February 15th, there was short interest totalling 9,600 shares, a growth of 113.3% from the January 31st total of 4,500 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is currently 96.0 days.

Analyst Ratings Changes

A number of research analysts have recently weighed in on the stock. Canaccord Genuity Group upgraded shares of Man Group from a “sell” rating to a “buy” rating in a report on Wednesday, December 11th. Canaccord Genuity Group upgraded shares of Man Group from a “sell” rating to a “buy” rating in a report on Wednesday, December 11th.

Man Group Stock Performance

MNGPF remained flat at $2.71 during trading on Friday. Man Group has a 1-year low of $2.55 and a 1-year high of $3.55. The stock’s 50 day moving average is $2.66 and its 200-day moving average is $2.64.

Man Group Company Profile

Man Group Limited is a publicly owned investment manager. The firm provides long-only and alternative investment management services worldwide. It offers a range of liquid investment products and solutions, which include quantitative, multi-manager and discretionary investment styles, and span across various asset classes, like equity, real estate, currency, credit, volatility, and commodities.