Future plc (OTCMKTS:FRNWF) Short Interest Up 21.4% in October

Future plc (OTCMKTS:FRNWF) saw a large growth in short interest in the month of October. As of October 31st, there was short interest totalling 41,900 shares, a growth of 21.4% from the October 15th total of 34,500 shares. Based on an average daily volume of 100 shares, the short-interest ratio is presently 419.0 days.

Analyst Ratings Changes

Separately, Barclays decreased their target price on Future from GBX 1,350 ($16.58) to GBX 1,080 ($13.26) in a research report on Monday, October 2nd.

Future Price Performance

Future stock opened at $10.05 on Thursday. Future has a fifty-two week low of $10.05 and a fifty-two week high of $10.05. The firm’s fifty day moving average price is $9.32 and its 200-day moving average price is $10.08.

Future Company Profile

Future plc, together with its subsidiaries, publishes and distributes content for games, entertainment, technology, sports, savings and wealth, lifestyle, knowledge and news, and B2B sectors primarily in the United States and the United Kingdom. It operates through Media and Magazine segments. The company offers content through various forms, such as websites, email newsletters, videos, social platforms, magazines, and events, as well as advertising comprising digital advertising, AVOD, newsletters, events, and lead generation; eCommerce, including print and digital subscriptions, and newstrade; and direct consumer monetisation frameworks.