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

Mr Price Group Limited (OTCMKTS:MRPLY) was the recipient of a significant increase in short interest in the month of July. As of July 31st, there was short interest totalling 4,000 shares, an increase of 25.0% from the July 15th total of 3,200 shares. Based on an average trading volume of 1,200 shares, the short-interest ratio is presently 3.3 days.

Mr Price Group Price Performance

MRPLY stock traded up $0.31 during trading on Thursday, reaching $12.41. 9,901 shares of the stock traded hands, compared to its average volume of 2,697. The business’s 50 day moving average price is $11.21 and its 200-day moving average price is $9.82. Mr Price Group has a 52-week low of $6.43 and a 52-week high of $12.41.

Mr Price Group Increases Dividend

The company also recently declared a dividend, which was paid on Thursday, July 18th. Shareholders of record on Friday, July 5th were given a dividend of $0.2097 per share. The ex-dividend date of this dividend was Friday, July 5th. This is an increase from Mr Price Group’s previous dividend of $0.11. Mr Price Group’s payout ratio is 44.80%.

About Mr Price Group

Mr Price Group Limited, together with its subsidiaries, operates as a fashion retailer serving women, men, and children in South Africa and internationally. The company operates through Apparel, Home, Financial Services, and Telecoms segments. It offers clothing, underwear, footwear, cosmetics, babywear, school wear, and accessories; furniture and kids merchandise; sporting, outdoor, and fitness products comprising footwear, apparel, equipment, and accessories; women's smart and casual fashion and intimate wear; and home textile and decor products for bedroom, living-room, bathroom, kitchen, and dining-room.