Short Interest in Mapfre, S.A. (OTCMKTS:MPFRY) Declines By 85.5%

Mapfre, S.A. (OTCMKTS:MPFRYGet Free Report) was the recipient of a significant decline in short interest in May. As of May 29th, there was short interest totaling 525 shares, a decline of 85.5% from the May 14th total of 3,611 shares. Based on an average daily trading volume, of 5,646 shares, the days-to-cover ratio is presently 0.1 days.

Mapfre Price Performance

Shares of Mapfre stock remained flat at $8.77 during trading on Wednesday. The company had a trading volume of 5,668 shares, compared to its average volume of 1,945. Mapfre has a 12-month low of $7.50 and a 12-month high of $10.42. The business’s 50-day simple moving average is $9.56 and its 200 day simple moving average is $9.39.

About Mapfre

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Mapfre is a Spanish?based global insurance group offering a broad range of protection and assistance services. The company provides life, health, property and casualty, automobile, and agricultural insurance products, as well as reinsurance solutions and risk management services for both individual and corporate clients. Its service portfolio also includes assistance services such as roadside help, travel assistance, and home care, positioning the firm as a full?service insurance partner.

Founded in 1933 and headquartered in Madrid, Mapfre has grown from a domestic insurer into a multi?national organization.

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