Short Interest in Quilter plc (OTCMKTS:QUILF) Decreases By 43.0%

Quilter plc (OTCMKTS:QUILF) was the target of a significant drop in short interest in June. As of June 15th, there was short interest totaling 245,512 shares, a drop of 43.0% from the May 31st total of 431,025 shares. Based on an average trading volume of 18 shares, the short-interest ratio is currently 13,639.6 days.

Quilter Stock Performance

OTCMKTS:QUILF opened at $2.58 on Wednesday. Quilter has a one year low of $1.85 and a one year high of $2.75. The company has a fifty day moving average price of $2.69 and a 200 day moving average price of $2.73.

Analyst Ratings Changes

Several equities analysts have recently weighed in on the stock. Royal Bank Of Canada restated an “outperform” rating on shares of Quilter in a research report on Thursday, May 28th. Citigroup reissued a “neutral” rating on shares of Quilter in a research note on Thursday, April 16th. One investment analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, Quilter presently has a consensus rating of “Hold”.

About Quilter

Quilter (OTCMKTS:QUILF) is a UK-based wealth management company that provides a comprehensive suite of financial planning and investment solutions to private clients, financial advisers and intermediaries. The company’s core activities include discretionary fund management, retirement planning, estate and tax planning, and advisory services. Quilter operates a multi–asset investment platform that enables clients to access a broad range of funds, model portfolios and bespoke investment strategies designed to meet diverse risk profiles and financial objectives.

Established as part of the Old Mutual Group, Quilter was demerged and listed on the London Stock Exchange in June 2018, marking its emergence as an independent, publicly traded entity.