Mapfre, S.A. (OTCMKTS:MPFRF) Sees Significant Increase in Short Interest

Mapfre, S.A. (OTCMKTS:MPFRF) was the recipient of a significant growth in short interest in February. As of February 13th, there was short interest totaling 1,819,287 shares, a growth of 46.1% from the January 29th total of 1,245,096 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is presently ∞ days. Based on an average daily trading volume, of 0 shares, the short-interest ratio is presently ∞ days.

Mapfre Price Performance

Shares of MPFRF stock opened at $4.12 on Monday. Mapfre has a twelve month low of $4.12 and a twelve month high of $4.79. The company’s 50-day moving average price is $4.34 and its 200-day moving average price is $4.23.

Analyst Upgrades and Downgrades

Separately, UBS Group began coverage on Mapfre in a report on Tuesday, January 20th. They issued a “sell” rating for the company. One research analyst has rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Mapfre has an average rating of “Hold”.

Mapfre Company Profile

Mapfre, SA is a global insurance group headquartered in Majadahonda, Spain. Founded in 1933 as a mutual insurance company for agricultural producers, Mapfre has grown into one of the leading insurers in Latin America and Europe. The company’s core activities encompass life and non-life insurance, covering property and casualty, auto, health, and personal accident lines. It also provides investment management and pension products, offering a full suite of services for both individual and corporate clients.

Through its operating subsidiaries and joint ventures, Mapfre maintains a presence in more than 40 countries across Europe, Latin America, North America, the Middle East and Africa, and Asia.