Short Interest in PageGroup plc (OTCMKTS:MPGPF) Grows By 78.5%

PageGroup plc (OTCMKTS:MPGPF) was the recipient of a large increase in short interest during the month of February. As of February 15th, there was short interest totalling 400,400 shares, an increase of 78.5% from the January 31st total of 224,300 shares. Based on an average daily volume of 1,400 shares, the short-interest ratio is presently 286.0 days.

PageGroup Stock Performance

Shares of MPGPF stock opened at $4.00 on Tuesday. The business has a fifty day moving average of $4.28 and a 200 day moving average of $4.78. PageGroup has a 1 year low of $3.78 and a 1 year high of $4.09.

Analyst Ratings Changes

Separately, BNP Paribas lowered PageGroup from a “strong-buy” rating to a “hold” rating in a report on Monday, December 16th. Two investment analysts have rated the stock with a hold rating and two have given a strong buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Buy”.

PageGroup Company Profile

PageGroup plc, together with its subsidiaries, provides recruitment consultancy and other ancillary services in the United Kingdom, rest of Europe, the Middle East, Africa, the Asia Pacific, and the Americas. It offers executive search services, such as search, selection, and talent management solutions for organizations on a permanent and interim basis under the Page Executive brand; and recruitment services for qualified professional and management level on permanent, temporary, and contract or interim basis under the Michael Page brand.