From MarketBeat:

As of December 31st, there was short interest totaling 66,500 shares of Prudential plc, representing a 38.3% increase from December 15th. The short-interest ratio is currently at 0.1 days based on an average trading volume of 685,300 shares.

On Monday, Prudential stock traded down $0.13, reaching $21.20. Its 50-day moving average is $22.22 and its 200-day moving average is $23.55. The 1-year low for the stock is $19.90, and the high is $34.37.

Several institutional investors and hedge funds have recently added or reduced their stakes in Prudential, with 1.90% ownership by hedge funds and other institutional investors.

Recent analyst ratings for PUK shares include a price target cut by JPMorgan Chase & Co. and downgrades by StockNews.com and Deutsche Bank Aktiengesellschaft.

Prudential plc provides life and health insurance, retirement, and asset management solutions in Asia and Africa. Their products range from health and protection to savings, critical illness, and tropical disease coverage.

MarketBeat’s analysts have identified five stocks that top analysts are quietly recommending. Prudential wasn’t on the list, and while the company currently has a “Buy” rating, the identified stocks are believed to be better buys.

MarketBeat’s analysts have also released their top five short plays for January 2024. Learn which stocks have the most short interest and how to trade them by clicking the link.



Read more: Short Interest in Prudential plc (NYSE:PUK) Grows By 38.3%