St. James’s Place plc (OTCMKTS:STJPF) Sees Significant Increase in Short Interest

St. James’s Place plc (OTCMKTS:STJPF) was the target of a large growth in short interest in February. As of February 27th, there was short interest totaling 245,359 shares, a growth of 43.2% from the February 12th total of 171,323 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.

St. James’s Place Price Performance

OTCMKTS STJPF opened at $17.50 on Friday. The company has a fifty day simple moving average of $19.84 and a 200 day simple moving average of $18.25. St. James’s Place has a 1 year low of $11.00 and a 1 year high of $21.03.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on STJPF shares. UBS Group raised shares of St. James’s Place to a “buy” rating in a research note on Friday, February 20th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of St. James’s Place in a report on Friday, January 30th. Citigroup reaffirmed a “buy” rating on shares of St. James’s Place in a research report on Friday, January 16th. Finally, Royal Bank Of Canada reiterated a “sector perform” rating on shares of St. James’s Place in a research note on Friday, January 23rd. Three research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, St. James’s Place currently has a consensus rating of “Moderate Buy”.

St. James’s Place Company Profile

St. James’s Place (OTCMKTS:STJPF) is a UK‐based wealth management firm that provides financial advice, investment management and related services to individual and corporate clients. The company’s offerings include retirement planning, tax-efficient investment solutions, estate and inheritance planning, philanthropic advice and insurance products. By partnering with a network of trained financial advisers, St. James’s Place delivers tailored financial plans designed to help clients meet their long-term objectives.

Founded in 1991 and headquartered in Cirencester, England, St.