Vanquis Banking Group plc (OTCMKTS:FPLPF – Get Free Report) was the recipient of a significant increase in short interest in May. As of May 15th, there was short interest totaling 9,599 shares, an increase of 117.7% from the April 30th total of 4,410 shares. Based on an average daily trading volume, of 568 shares, the short-interest ratio is currently 16.9 days.
Vanquis Banking Group Price Performance
Shares of OTCMKTS:FPLPF remained flat at $1.56 during midday trading on Tuesday. The business has a 50-day moving average price of $1.53 and a two-hundred day moving average price of $1.51. Vanquis Banking Group has a 52-week low of $1.49 and a 52-week high of $1.56.
About Vanquis Banking Group
Vanquis Banking Group plc is a UK-based specialist card issuer focused on providing unsecured credit cards to consumers with limited or impaired credit histories. Headquartered in Bradford, England, the group operates under the Vanquis Bank brand and is regulated by the UK Financial Conduct Authority. Vanquis Banking Group aims to support customers in building or rebuilding their credit profile by offering a straightforward credit card product combined with credit-building tools and support services.
The company’s core activity is the origination and management of unsecured credit card accounts.
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