Pagegroup (OTCMKTS:MPGPF) Short Interest Up 37.1% in March

Pagegroup (OTCMKTS:MPGPF) was the target of a large increase in short interest in the month of March. As of March 31st, there was short interest totaling 792,612 shares, an increase of 37.1% from the March 15th total of 577,942 shares. Approximately 0.2% of the company’s shares are short sold. Based on an average trading volume of 276 shares, the short-interest ratio is currently 2,871.8 days.

Wall Street Analysts Forecast Growth

Separately, Investec lowered shares of Pagegroup from a “buy” rating to a “hold” rating in a report on Tuesday, January 13th. Three research analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, Pagegroup has a consensus rating of “Reduce”.

Pagegroup Stock Performance

OTCMKTS:MPGPF remained flat at $2.82 during trading hours on Wednesday. Pagegroup has a one year low of $2.78 and a one year high of $4.09. The business has a fifty day simple moving average of $2.82 and a 200-day simple moving average of $3.00.

Pagegroup Company Profile

PageGroup plc (OTCMKTS: MPGPF) is a global recruitment firm headquartered in Weybridge, Surrey, United Kingdom. The company specializes in matching professionals with permanent, contract and interim positions across a diverse range of industry sectors. Through its well-established brands—most notably Michael Page, Page Personnel and Page Executive—PageGroup delivers tailored staffing solutions to both large multinational corporations and small to medium-sized enterprises.

PageGroup’s core services include specialist recruitment for finance and accounting, technology and digital, legal, human resources, marketing and sales, manufacturing and supply chain, and executive search.