CTRL Group Limited (NASDAQ:MCTR) Short Interest Update

CTRL Group Limited (NASDAQ:MCTR) was the target of a significant growth in short interest in September. As of September 15th, there was short interest totaling 119,300 shares, a growth of 99.5% from the August 31st total of 59,800 shares. Based on an average daily trading volume, of 180,000 shares, the days-to-cover ratio is presently 0.7 days. Approximately 3.0% of the shares of the stock are short sold. Approximately 3.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 180,000 shares, the days-to-cover ratio is presently 0.7 days.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on MCTR shares. Wall Street Zen downgraded shares of CTRL Group from a “hold” rating to a “sell” rating in a research note on Sunday, September 21st. Weiss Ratings reissued a “sell (e)” rating on shares of CTRL Group in a research note on Saturday, September 27th. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company has a consensus rating of “Sell”.

Institutional Investors Weigh In On CTRL Group

A hedge fund recently bought a new stake in CTRL Group stock. Marex Group plc bought a new stake in CTRL Group Limited (NASDAQ:MCTR) during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund bought 25,000 shares of the company’s stock, valued at approximately $70,000. Marex Group plc owned 0.17% of CTRL Group as of its most recent SEC filing.

CTRL Group Price Performance

CTRL Group stock opened at $1.79 on Friday. The firm has a 50 day simple moving average of $1.83 and a 200-day simple moving average of $4.48. CTRL Group has a 1-year low of $1.33 and a 1-year high of $54.91.

CTRL Group Company Profile

Ctrl Group Ltd. is a holding company, which engages in the provision of marketing and advertising services. It offers one-stop advertising services to clients throughout the entire advertising process, which comprises the planning, creating, launching, managing, and performance monitoring of the advertisements.