Short Interest in St. James’s Place plc (OTCMKTS:STJPF) Increases By 78.2%

St. James’s Place plc (OTCMKTS:STJPF) saw a significant growth in short interest in the month of March. As of March 31st, there was short interest totaling 655,965 shares, a growth of 78.2% from the March 15th total of 368,011 shares. Based on an average daily volume of 296 shares, the days-to-cover ratio is presently 2,216.1 days.

St. James’s Place Price Performance

OTCMKTS:STJPF opened at $17.43 on Monday. St. James’s Place has a 1 year low of $11.00 and a 1 year high of $21.03. The business has a fifty day moving average of $19.31 and a 200-day moving average of $18.29.

Analyst Upgrades and Downgrades

STJPF has been the topic of several analyst reports. UBS Group upgraded shares of St. James’s Place to a “buy” rating in a research note on Friday, February 20th. Royal Bank Of Canada restated a “sector perform” rating on shares of St. James’s Place in a research note on Friday, January 23rd. Citigroup reissued a “buy” rating on shares of St. James’s Place in a research note on Friday, January 16th. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of St. James’s Place in a research note on Thursday. Three equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy”.

About St. James’s Place

St. James’s Place (OTCMKTS:STJPF) is a UK‐based wealth management firm that provides financial advice, investment management and related services to individual and corporate clients. The company’s offerings include retirement planning, tax-efficient investment solutions, estate and inheritance planning, philanthropic advice and insurance products. By partnering with a network of trained financial advisers, St. James’s Place delivers tailored financial plans designed to help clients meet their long-term objectives.

Founded in 1991 and headquartered in Cirencester, England, St.