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

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

Mr Price Group Stock Performance

OTCMKTS MRPLY remained flat at $14.71 during trading on Friday. 130 shares of the company’s stock traded hands, compared to its average volume of 462. Mr Price Group has a 1-year low of $7.78 and a 1-year high of $17.00. The stock has a 50 day simple moving average of $15.58 and a two-hundred day simple moving average of $13.99.

Mr Price Group Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, December 27th. Shareholders of record on Friday, December 13th were issued a $0.1185 dividend. The ex-dividend date was Friday, December 13th. Mr Price Group’s dividend payout ratio (DPR) is presently 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, 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.