Mr Price Group Limited (OTCMKTS:MRPLY) Short Interest Update

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

Mr Price Group Price Performance

Mr Price Group stock opened at $10.12 on Wednesday. Mr Price Group has a one year low of $8.72 and a one year high of $13.29. The company’s fifty day moving average price is $10.50 and its two-hundred day moving average price is $10.08.

Wall Street Analysts Forecast Growth

Separately, Zacks Research lowered shares of Mr Price Group from a “hold” rating to a “strong sell” rating in a research note on Tuesday, July 21st. One investment analyst has rated the stock with a Buy rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus 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.