Short Interest in Future plc (OTCMKTS:FRNWF) Grows By 71.0%

Future plc (OTCMKTS:FRNWFGet Rating) saw a large increase in short interest in the month of April. As of April 30th, there was short interest totalling 57,300 shares, an increase of 71.0% from the April 15th total of 33,500 shares. Based on an average daily volume of 100 shares, the short-interest ratio is presently 573.0 days.

FRNWF stock opened at $24.57 on Friday. Future has a 12-month low of $24.57 and a 12-month high of $51.21. The stock’s 50 day simple moving average is $32.66 and its 200 day simple moving average is $41.15.

Separately, Barclays reduced their target price on Future from GBX 3,900 ($48.08) to GBX 3,300 ($40.69) in a report on Monday, April 25th.

About Future (Get Rating)

Future plc, together with its subsidiaries, publishes content for technology, games, TV and entertainment, women's lifestyle, real life, music, creative and photography, sports, home interest, and B2B sectors primarily in the United States and the United Kingdom. It operates through Media and Magazine segments.

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