What Next for WPP PLC ORDINARY SHARES JERSEY (OTCMKTS:WPPGF) Stock After Increase in Shorted Shares?

June 15, 2018 - By Clifton Ray


The stock of WPP PLC ORDINARY SHARES JERSEY (OTCMKTS:WPPGF) registered an increase of 84.44% in short interest. WPPGF’s total short interest was 8.87M shares in June as published by FINRA. Its up 84.44% from 4.81 million shares, reported previously. With 13,700 shares average volume, it will take short sellers 648 days to cover their WPPGF’s short positions. The short interest to WPP PLC ORDINARY SHARES JERSEY’s float is 0.71%.

It closed at $16.5463 lastly. It is down 0.00% since June 15, 2017 and is . It has underperformed by 12.57% the S&P500.

WPP plc provides various communications services worldwide. The company has market cap of $20.33 billion. The firm operates through four divisions: Advertising and Media Investment Management; Data Investment Management; Public Relations & Public Affairs; and Branding & Identity, Healthcare and Specialist Communications. It has a 8.25 P/E ratio. The Advertising and Media Investment Management segment provides advertising services; and media planning and buying, and specialist sponsorship, and branded entertainment services.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: