What’s Next for ASHMORE GROUP PLC ORDINARY SHARES UNITE (OTCMKTS:AJMPF) After Having Less Shares Shorted?

June 17, 2018 - By Ellis Scott

Ashmore Group PLC (OTCMKTS:AJMPF) Logo

The stock of ASHMORE GROUP PLC ORDINARY SHARES UNITE (OTCMKTS:AJMPF) registered a decrease of 0.13% in short interest. AJMPF’s total short interest was 2.52M shares in June as published by FINRA. Its down 0.13% from 2.52 million shares, reported previously. With 8,000 shares average volume, it will take short sellers 315 days to cover their AJMPF’s short positions. The short interest to ASHMORE GROUP PLC ORDINARY SHARES UNITE’s float is 0.76%.

The stock decreased 1.51% or $0.08 during the last trading session, reaching $5.23. About 551 shares traded. Ashmore Group PLC (OTCMKTS:AJMPF) has 0.00% since June 17, 2017 and is . It has underperformed by 12.57% the S&P500.

Ashmore Group plc is a publicly owned investment manager. The company has market cap of $3.43 billion. The firm primarily provides its services to retail and institutional clients. It has a 18.75 P/E ratio. It manages separate client-focused equity and fixed income portfolios.

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