Jupiter Fund Management Plc (OTCMKTS:JFHHF) Sees Large Increase in Short Interest

Jupiter Fund Management Plc (OTCMKTS:JFHHF) was the target of a large growth in short interest in October. As of October 31st, there was short interest totalling 8,800 shares, a growth of 877.8% from the October 15th total of 900 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Jupiter Fund Management Price Performance

Shares of JFHHF stock remained flat at $1.17 on Wednesday. The company’s 50-day simple moving average is $1.16 and its 200-day simple moving average is $1.14. Jupiter Fund Management has a twelve month low of $1.13 and a twelve month high of $1.17.

Analysts Set New Price Targets

Separately, UBS Group upgraded Jupiter Fund Management from a “strong sell” rating to a “hold” rating in a research report on Monday, October 14th.

About Jupiter Fund Management

Jupiter Fund Management Plc is a publicly owned investment manager. The firm manages mutual funds, hedge funds, client focused portfolios, and multi-manager products for its clients. It invests in the public equity markets across U.K., Europe and global emerging markets. The firm also invests in fixed income markets, fund of funds products, hedge funds, and absolute return funds.