Mr Price Group Limited (OTCMKTS:MRPLY) Short Interest Update

Mr Price Group Limited (OTCMKTS:MRPLY) was the recipient of a significant growth in short interest in the month of July. As of July 15th, there was short interest totaling 590 shares, a growth of 136.9% from the June 30th total of 249 shares. Based on an average daily volume of 564 shares, the days-to-cover ratio is presently 1.0 days. Approximately 0.0% of the shares of the company are short sold.

Analyst Upgrades and Downgrades

Separately, Zacks Research downgraded shares of Mr Price Group from a “hold” rating to a “strong sell” rating in a report on Tuesday, July 21st. One investment analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold”.

Mr Price Group Stock Performance

Shares of MRPLY opened at $10.15 on Tuesday. The business’s 50-day moving average is $10.05 and its two-hundred day moving average is $10.08. The company has a market capitalization of $267.67 million and a P/E ratio of 1.12. Mr Price Group has a fifty-two week low of $8.72 and a fifty-two week high of $13.29.

About Mr Price Group

Mr Price Group Limited (OTCMKTS: MRPLY) is a South African-based retailer known for its value-led fashion and homeware offerings. The Group operates through several divisions, including apparel, homeware and sportswear, designing and sourcing clothing, footwear, accessories and household products. It also offers financial services—such as credit and insurance—through its Mr Price Money and Mr Price Insurance arms, complementing its core retail operations.

Founded in 1985 with a single Mr Price store in Durban, the Group has since expanded into multiple brands, including Mr Price Home and Mr Price Sport.