Mapfre, S.A. (OTCMKTS:MPFRY) Sees Significant Decline in Short Interest

Mapfre, S.A. (OTCMKTS:MPFRY) was the recipient of a large drop in short interest in July. As of July 15th, there was short interest totaling 1,097 shares, a drop of 44.6% from the June 30th total of 1,981 shares. Based on an average trading volume of 226 shares, the days-to-cover ratio is presently 4.9 days.

Mapfre Stock Performance

Shares of OTCMKTS MPFRY remained flat at $9.49 during trading on Wednesday. 10 shares of the company’s stock were exchanged, compared to its average volume of 1,859. Mapfre has a one year low of $7.92 and a one year high of $10.42. The business’s 50 day moving average is $9.68 and its 200 day moving average is $9.45.

Mapfre Company Profile

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.