Man Group Plc (OTCMKTS:MNGPF) Short Interest Down 17.7% in February

Man Group Plc (OTCMKTS:MNGPF) was the target of a significant decrease in short interest during the month of February. As of February 28th, there was short interest totalling 7,900 shares, a decrease of 17.7% from the February 13th total of 9,600 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Analyst Ratings Changes

Several research analysts recently weighed in on the stock. Canaccord Genuity Group upgraded shares of Man Group from a “sell” rating to a “buy” rating in a research report on Wednesday, December 11th. Canaccord Genuity Group raised Man Group from a “sell” rating to a “buy” rating in a research note on Wednesday, December 11th.

Man Group Stock Performance

Man Group stock opened at $2.93 on Thursday. Man Group has a 1 year low of $2.55 and a 1 year high of $3.55. The company’s 50-day moving average is $2.69 and its two-hundred day moving average is $2.66.

Man Group Company Profile

Man Group Limited is a publicly owned investment manager. The firm provides long-only and alternative investment management services worldwide. It offers a range of liquid investment products and solutions, which include quantitative, multi-manager and discretionary investment styles, and span across various asset classes, like equity, real estate, currency, credit, volatility, and commodities.