Short Interest in Mr Price Group Limited (OTCMKTS:MRPLY) Drops By 28.3%

Mr Price Group Limited (OTCMKTS:MRPLY) was the recipient of a large decline in short interest during the month of December. As of December 15th, there was short interest totaling 460 shares, a decline of 28.3% from the November 30th total of 642 shares. Based on an average daily trading volume, of 792 shares, the days-to-cover ratio is currently 0.6 days. Based on an average daily trading volume, of 792 shares, the days-to-cover ratio is currently 0.6 days.

Analyst Ratings Changes

Separately, HSBC upgraded Mr Price Group to a “buy” rating in a research note on Friday, September 12th. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat, Mr Price Group has a consensus rating of “Buy”.

Mr Price Group Price Performance

OTCMKTS MRPLY opened at $10.73 on Monday. The stock’s fifty day moving average price is $11.99 and its 200 day moving average price is $12.14. Mr Price Group has a 1 year low of $10.01 and a 1 year high of $15.58.

Mr Price Group Company Profile

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.