MEITUAN DIANPING ORDINARY SHARES CLASS B (OTCMKTS:MPNGF) Could Improve Your Long Portfolio After Less Shorts Reported

The stock of MEITUAN DIANPING ORDINARY SHARES CLASS B (OTCMKTS:MPNGF) registered a decrease of 0.09% in short interest. MPNGF’s total short interest was 3.13M shares in March as published by FINRA. Its down 0.09% from 3.14 million shares, reported previously. With 200 shares average volume, it will take short sellers 15671 days to cover their MPNGF’s short positions.

The stock increased 11.11% or $0.7 during the last trading session, reaching $7. About 10,500 shares traded or 1366.48% up from the average. Meituan Dianping (OTCMKTS:MPNGF) has 0.00% since March 17, 2018 and is . It has underperformed by 4.37% the S&P500.

Meituan Dianping operates a multi-category service e-commerce platform that connects clients and merchants. The company has market cap of $38.95 billion. The company's platform offers food and non-food delivery, in-store dining, hotel and travel, bike-sharing, pilot car-hailing, and other services. It currently has negative earnings. It also provides online payment and marketing services.

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