Could ASHMORE GROUP PLC ORDINARY SHARES UNITE (OTCMKTS:AJMPF) Skyrocket? The Stock Had Too Little Sellers

April 17, 2018 - By Linda Rogers

Ashmore Group PLC (OTCMKTS:AJMPF) Logo

The stock of ASHMORE GROUP PLC ORDINARY SHARES UNITE (OTCMKTS:AJMPF) registered a decrease of 2.25% in short interest. AJMPF’s total short interest was 2.58M shares in April as published by FINRA. Its down 2.25% from 2.64M shares, reported previously. With 2,300 shares average volume, it will take short sellers 1120 days to cover their AJMPF’s short positions. The short interest to ASHMORE GROUP PLC ORDINARY SHARES UNITE’s float is 0.78%.

The stock increased 7.71% or $0.43 during the last trading session, reaching $6.01. About 3,454 shares traded or 33.62% up from the average. Ashmore Group PLC (OTCMKTS:AJMPF) has 0.00% since April 17, 2017 and is . It has underperformed by 11.55% the S&P500.

Ashmore Group plc is a publicly owned investment manager. The company has market cap of $3.90 billion. The firm primarily provides its services to retail and institutional clients. It has a 20.44 P/E ratio. It manages separate client-focused equity and fixed income portfolios.

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