Short Interest in Pagegroup (OTCMKTS:MPGPF) Declines By 35.5%

Pagegroup (OTCMKTS:MPGPF) was the target of a large decline in short interest in July. As of July 15th, there was short interest totaling 575,450 shares, a decline of 35.5% from the June 30th total of 892,674 shares. Based on an average daily trading volume, of 1,402 shares, the short-interest ratio is presently 410.4 days. Currently, 0.2% of the shares of the company are sold short.

Pagegroup Stock Performance

Shares of MPGPF opened at $2.27 on Friday. The business’s 50-day moving average price is $1.65 and its 200-day moving average price is $2.36. Pagegroup has a twelve month low of $1.40 and a twelve month high of $2.27.

Wall Street Analysts Forecast Growth

Separately, Citigroup downgraded Pagegroup from a “buy” rating to a “neutral” rating in a research report on Thursday, April 30th. Three analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, Pagegroup presently has an average rating of “Reduce”.

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.