PageGroup plc (OTCMKTS:MPGPF) Sees Large Growth in Short Interest

PageGroup plc (OTCMKTS:MPGPF) was the recipient of a significant increase in short interest in April. As of April 15th, there was short interest totalling 12,700 shares, an increase of 29.6% from the March 31st total of 9,800 shares. Based on an average daily trading volume, of 1,800 shares, the days-to-cover ratio is currently 7.1 days.

PageGroup Price Performance

Shares of OTCMKTS:MPGPF remained flat at $5.49 during midday trading on Tuesday. PageGroup has a twelve month low of $4.42 and a twelve month high of $6.41. The company’s 50 day simple moving average is $5.86 and its 200 day simple moving average is $5.76.

PageGroup Company Profile

PageGroup plc, together with its subsidiaries, provides recruitment consultancy and other ancillary services in the United Kingdom, rest of Europe, the Middle East, Africa, the Asia Pacific, and the Americas. It offers executive search services, such as search, selection, and talent management solutions for organizations on a permanent and interim basis under the Page Executive brand; and recruitment services for qualified professional and management level on permanent, temporary, and contract or interim basis under the Michael Page brand.