Pagegroup (OTCMKTS:MPGPF) Sees Large Growth in Short Interest

Pagegroup (OTCMKTS:MPGPF) saw a large increase in short interest during the month of March. As of March 31st, there was short interest totaling 792,612 shares, an increase of 37.1% from the March 15th total of 577,942 shares. Based on an average daily volume of 276 shares, the days-to-cover ratio is currently 2,871.8 days. Approximately 0.2% of the company’s stock are sold short.

Analyst Ratings Changes

Several research analysts have recently commented on MPGPF shares. Citigroup restated a “buy” rating on shares of Pagegroup in a research note on Wednesday. Investec lowered shares of Pagegroup from a “buy” rating to a “hold” rating in a research note on Tuesday, January 13th. One investment analyst has rated the stock with a Buy rating, three have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, Pagegroup currently has a consensus rating of “Reduce”.

Pagegroup Stock Performance

OTCMKTS:MPGPF opened at $2.82 on Friday. Pagegroup has a 1 year low of $2.78 and a 1 year high of $4.09. The firm’s fifty day simple moving average is $2.82 and its 200 day simple moving average is $3.00.

Pagegroup Company Profile

PageGroup plc (OTCMKTS: MPGPF) is a global recruitment firm headquartered in Weybridge, Surrey, United Kingdom. The company specializes in matching professionals with permanent, contract and interim positions across a diverse range of industry sectors. Through its well-established brands—most notably Michael Page, Page Personnel and Page Executive—PageGroup delivers tailored staffing solutions to both large multinational corporations and small to medium-sized enterprises.

PageGroup’s core services include specialist recruitment for finance and accounting, technology and digital, legal, human resources, marketing and sales, manufacturing and supply chain, and executive search.