Mr Price Group Limited (OTCMKTS:MRPLY) Short Interest Up 51.9% in November

Mr Price Group Limited (OTCMKTS:MRPLY) was the recipient of a significant growth in short interest in November. As of November 30th, there was short interest totalling 4,100 shares, a growth of 51.9% from the November 15th total of 2,700 shares. Based on an average daily volume of 500 shares, the days-to-cover ratio is presently 8.2 days.

Mr Price Group Stock Up 0.7 %

Shares of MRPLY traded up $0.12 during midday trading on Friday, reaching $17.00. 190 shares of the stock were exchanged, compared to its average volume of 2,174. Mr Price Group has a 12-month low of $7.72 and a 12-month high of $17.00. The firm has a 50 day simple moving average of $15.00 and a 200-day simple moving average of $13.07.

Mr Price Group Cuts Dividend

The firm also recently announced a dividend, which will be paid on Friday, December 27th. Shareholders of record on Friday, December 13th will be paid a $0.1185 dividend. The ex-dividend date of this dividend is Friday, December 13th. Mr Price Group’s dividend payout ratio (DPR) is presently 44.80%.

About Mr Price Group

Mr Price Group Limited, together with its subsidiaries, operates as a fashion retailer serving women, men, and children in South Africa and internationally. The company operates through Apparel, Homeware, Financial Services, and Telecoms segments. It offers clothing, cosmetics, babywear, school wear, footwear, underwear, and accessories; furniture and kids merchandise; sporting, outdoor, and fitness products comprising footwear, apparel, equipment, and accessories; women’s smart and casual fashion and intimate wear; and home textile and decor products for bedroom, living-room, bathroom, kitchen, and dining-room.