Meituan (OTCMKTS:MPNGF) Short Interest Down 34.7% in November

Meituan (OTCMKTS:MPNGF) saw a significant decrease in short interest in the month of November. As of November 15th, there was short interest totalling 3,216,200 shares, a decrease of 34.7% from the October 31st total of 4,922,700 shares. Based on an average daily volume of 69,700 shares, the short-interest ratio is presently 46.1 days.

Meituan Stock Up 14.1 %

Meituan stock traded up $2.90 during midday trading on Thursday, reaching $23.49. 9,420 shares of the company traded hands, compared to its average volume of 22,684. The business has a 50 day moving average of $22.56 and a two-hundred day moving average of $17.30. Meituan has a 12 month low of $7.75 and a 12 month high of $28.08.

About Meituan

Meituan operates as a technology retail company in the People's Republic of China. It operates through Core Local Commerce and New Initiatives segments. The company offers food delivery services; and helps consumers purchase local consumer services provided by merchants in numerous in-store categories or make reservations for hotels, and attraction and transportation ticketing.