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

Mr Price Group Limited (OTCMKTS:MRPLY) was the recipient of a significant 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 trading volume of 2,600 shares, the days-to-cover ratio is presently 1.0 days.

Mr Price Group Price Performance

Shares of MRPLY remained flat at $14.71 during midday trading on Friday. 130 shares of the stock were exchanged, compared to its average volume of 462. The company’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 firm also recently announced a dividend, which was paid on Friday, December 27th. Stockholders of record on Friday, December 13th were paid a dividend of $0.1185 per share. The ex-dividend date was Friday, December 13th. Mr Price Group’s dividend payout ratio is currently 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.