PageGroup plc (OTCMKTS:MPGPY) Sees Significant Increase in Short Interest

PageGroup plc (OTCMKTS:MPGPY) was the recipient of a significant increase in short interest in May. As of May 29th, there was short interest totaling 1,642 shares, an increase of 291.9% from the May 14th total of 419 shares. Based on an average daily volume of 2,900 shares, the short-interest ratio is presently 0.6 days.

PageGroup Price Performance

OTCMKTS:MPGPY traded up $1.21 during midday trading on Friday, hitting $6.00. 475 shares of the stock were exchanged, compared to its average volume of 1,031. PageGroup has a one year low of $2.76 and a one year high of $7.46. The business has a 50-day moving average price of $4.28 and a two-hundred day moving average price of $7.44.

About PageGroup

PageGroup plc, together with its subsidiaries, provides recruitment consultancy and other ancillary services in the United Kingdom, rest of Europe, the Middle East, Africa, the Asia Pacific, and the Americas. It offers executive search services, such as search, selection, and talent management solutions for organizations on a permanent and interim basis under the Page Executive brand; and recruitment services for qualified professional and management level on permanent, temporary, and contract or interim basis under the Michael Page brand.