Meituan (OTCMKTS:MPNGF) Short Interest Down 42.3% in April

Meituan (OTCMKTS:MPNGF) was the recipient of a significant decrease in short interest in the month of April. As of April 15th, there was short interest totalling 1,957,800 shares, a decrease of 42.3% from the March 31st total of 3,391,100 shares. Based on an average daily trading volume, of 6,300 shares, the short-interest ratio is presently 310.8 days.

Meituan Price Performance

OTCMKTS:MPNGF traded up $0.24 on Friday, hitting $14.27. The company’s stock had a trading volume of 1,430 shares, compared to its average volume of 24,373. The stock has a fifty day moving average of $11.79 and a two-hundred day moving average of $11.58. Meituan has a one year low of $7.75 and a one year high of $18.75.

About Meituan

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