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

Mr Price Group Limited (OTCMKTS:MRPLY) saw a significant growth in short interest in the month of August. As of August 14th, there was short interest totaling 4,125 shares, a growth of 666.7% from the July 30th total of 538 shares. Based on an average daily volume of 127 shares, the days-to-cover ratio is presently 32.5 days. Currently, 0.0% of the shares of the company are short sold.

Mr Price Group Stock Performance

Shares of MRPLY stock opened at $10.12 on Wednesday. Mr Price Group has a 1 year low of $8.72 and a 1 year high of $13.29. The business’s fifty day moving average is $10.50 and its 200-day moving average is $10.08.

Analyst Ratings Changes

Separately, Zacks Research downgraded Mr Price Group from a “hold” rating to a “strong sell” rating in a research report on Tuesday, July 21st. One analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold”.

About Mr Price Group

Mr Price Group Limited (OTCMKTS: MRPLY) is a South African-based retailer known for its value-led fashion and homeware offerings. The Group operates through several divisions, including apparel, homeware and sportswear, designing and sourcing clothing, footwear, accessories and household products. It also offers financial services—such as credit and insurance—through its Mr Price Money and Mr Price Insurance arms, complementing its core retail operations.

Founded in 1985 with a single Mr Price store in Durban, the Group has since expanded into multiple brands, including Mr Price Home and Mr Price Sport.