Mr Price Group Limited (OTCMKTS:MRPLY) Short Interest Down 51.2% in December

Mr Price Group Limited (OTCMKTS:MRPLY) saw a significant decline in short interest in December. As of December 15th, there was short interest totalling 2,000 shares, a decline of 51.2% from the November 30th total of 4,100 shares. Based on an average trading volume of 700 shares, the short-interest ratio is presently 2.9 days.

Mr Price Group Price Performance

OTCMKTS:MRPLY remained flat at $16.54 during trading hours on Friday. 10 shares of the company were exchanged, compared to its average volume of 2,223. Mr Price Group has a one year low of $7.78 and a one year high of $17.00. The firm’s 50-day moving average price is $15.27 and its 200-day moving average price is $13.52.

Mr Price Group Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Friday, December 27th. Shareholders of record on Friday, December 13th will be issued a $0.1185 dividend. The ex-dividend date of this dividend is Friday, December 13th. Mr Price Group’s dividend payout ratio (DPR) is presently 44.80%.

About Mr Price Group

Mr Price Group Limited, together with its subsidiaries, operates as a fashion retailer serving women, men, and children in South Africa and internationally. The company operates through Apparel, Homeware, Financial Services, and Telecoms segments. It offers clothing, cosmetics, babywear, school wear, footwear, underwear, and accessories; furniture and kids merchandise; sporting, outdoor, and fitness products comprising footwear, apparel, equipment, and accessories; women’s smart and casual fashion and intimate wear; and home textile and decor products for bedroom, living-room, bathroom, kitchen, and dining-room.