Mapfre, S.A. (OTCMKTS:MPFRF) Short Interest Up 39.8% in February

Mapfre, S.A. (OTCMKTS:MPFRF) saw a large growth in short interest in February. As of February 27th, there was short interest totaling 2,543,044 shares, a growth of 39.8% from the February 12th total of 1,819,287 shares. Based on an average daily trading volume, of 669 shares, the short-interest ratio is currently 3,801.3 days. Based on an average daily trading volume, of 669 shares, the short-interest ratio is currently 3,801.3 days.

Analysts Set New Price Targets

Separately, UBS Group started coverage on Mapfre in a research note on Tuesday, January 20th. They issued a “sell” rating on the stock. One investment analyst has rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Mapfre currently has a consensus rating of “Hold”.

Mapfre Stock Performance

Mapfre stock remained flat at $4.25 during mid-day trading on Friday. The business’s fifty day simple moving average is $4.31 and its 200 day simple moving average is $4.27. Mapfre has a 12 month low of $3.79 and a 12 month high of $4.25.

About Mapfre

Mapfre, SA is a global insurance group headquartered in Majadahonda, Spain. Founded in 1933 as a mutual insurance company for agricultural producers, Mapfre has grown into one of the leading insurers in Latin America and Europe. The company’s core activities encompass life and non-life insurance, covering property and casualty, auto, health, and personal accident lines. It also provides investment management and pension products, offering a full suite of services for both individual and corporate clients.

Through its operating subsidiaries and joint ventures, Mapfre maintains a presence in more than 40 countries across Europe, Latin America, North America, the Middle East and Africa, and Asia.