Quilter plc (OTCMKTS:QUILF) Sees Significant Decrease in Short Interest

Quilter plc (OTCMKTS:QUILFGet Free Report) was the target of a significant decrease in short interest in June. As of June 15th, there was short interest totaling 245,512 shares, a decrease of 43.0% from the May 31st total of 431,025 shares. Based on an average daily trading volume, of 18 shares, the days-to-cover ratio is currently 13,639.6 days.

Quilter Stock Performance

Shares of QUILF stock opened at $2.58 on Friday. Quilter has a 52-week low of $1.85 and a 52-week high of $2.75. The stock has a fifty day simple moving average of $2.68 and a two-hundred day simple moving average of $2.73.

Analyst Ratings Changes

A number of research analysts have recently weighed in on the company. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Quilter in a research report on Thursday, May 28th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Quilter in a report on Friday. Finally, Citigroup restated a “neutral” rating on shares of Quilter in a research note on Thursday, April 16th. One analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Hold”.

View Our Latest Stock Report on Quilter

Quilter Company Profile

(Get Free Report)

Quilter (OTCMKTS:QUILF) is a UK-based wealth management company that provides a comprehensive suite of financial planning and investment solutions to private clients, financial advisers and intermediaries. The company’s core activities include discretionary fund management, retirement planning, estate and tax planning, and advisory services. Quilter operates a multi–asset investment platform that enables clients to access a broad range of funds, model portfolios and bespoke investment strategies designed to meet diverse risk profiles and financial objectives.

Established as part of the Old Mutual Group, Quilter was demerged and listed on the London Stock Exchange in June 2018, marking its emergence as an independent, publicly traded entity.

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