Meituan (OTCMKTS:MPNGF) Short Interest Update

Meituan (OTCMKTS:MPNGF) was the target of a significant increase in short interest in the month of November. As of November 30th, there was short interest totalling 3,868,400 shares, an increase of 20.3% from the November 15th total of 3,216,200 shares. Based on an average daily volume of 8,500 shares, the short-interest ratio is presently 455.1 days.

Meituan Price Performance

Meituan stock traded down $1.91 during trading hours on Monday, hitting $20.34. The company had a trading volume of 1,318 shares, compared to its average volume of 21,725. The company has a 50-day moving average price of $22.72 and a two-hundred day moving average price of $17.84. Meituan has a 1 year low of $7.75 and a 1 year 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.