Mr Price Group Limited (OTCMKTS:MRPLY) Sees Large Increase in Short Interest

Mr Price Group Limited (OTCMKTS:MRPLY) was the recipient of a large increase in short interest in the month of December. As of December 31st, there was short interest totalling 2,600 shares, an increase of 30.0% from the December 15th total of 2,000 shares. Based on an average daily volume of 2,600 shares, the short-interest ratio is presently 1.0 days.

Mr Price Group Stock Performance

MRPLY stock remained flat at $14.71 during trading hours on Friday. The company’s stock had a trading volume of 130 shares, compared to its average volume of 462. The firm’s 50 day simple moving average is $15.58 and its 200-day simple moving average is $13.99. Mr Price Group has a 52-week low of $7.78 and a 52-week high of $17.00.

Mr Price Group Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, December 27th. Investors of record on Friday, December 13th were issued a dividend of $0.1185 per share. The ex-dividend date was Friday, December 13th. Mr Price Group’s payout ratio is presently 44.80%.

Mr Price Group Company Profile

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, Homeware, Financial Services, and Telecoms segments. It offers clothing, cosmetics, babywear, school wear, footwear, underwear, 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.