Mr Price Group Limited (OTCMKTS:MRPLY) Short Interest Up 666.7% in August

Mr Price Group Limited (OTCMKTS:MRPLY) was the target of a significant growth in short interest in August. As of August 14th, there was short interest totaling 4,125 shares, a growth of 666.7% from the July 30th total of 538 shares. Based on an average daily trading volume, of 127 shares, the days-to-cover ratio is currently 32.5 days. Currently, 0.0% of the shares of the stock are short sold.

Mr Price Group Price Performance

Shares of Mr Price Group stock traded down $0.35 on Thursday, reaching $10.23. The stock had a trading volume of 194 shares, compared to its average volume of 924. Mr Price Group has a fifty-two week low of $8.72 and a fifty-two week high of $13.29. The business’s 50-day moving average price is $10.50 and its two-hundred day moving average price is $10.07.

Analyst Ratings Changes

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

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.