Mahindra & Mahindra Limited (OTCMKTS:MAHMF) Short Interest Update

Mahindra & Mahindra Limited (OTCMKTS:MAHMF) was the recipient of a large increase in short interest during the month of July. As of July 31st, there was short interest totalling 87,400 shares, an increase of 19.4% from the July 15th total of 73,200 shares. Based on an average daily trading volume, of 400 shares, the days-to-cover ratio is presently 218.5 days.

Mahindra & Mahindra Stock Performance

Mahindra & Mahindra stock remained flat at $28.02 during mid-day trading on Friday. 4 shares of the company’s stock were exchanged, compared to its average volume of 1,131. Mahindra & Mahindra has a fifty-two week low of $17.11 and a fifty-two week high of $34.83. The stock’s 50-day moving average price is $30.12 and its 200 day moving average price is $26.55.

Mahindra & Mahindra Company Profile

Mahindra & Mahindra Limited provides mobility products and farm solutions in India and internationally. The company operates through Automotive, Farm Equipment, Financial Services, Real Estate, Hospitality, and Others segments. It offers passenger and commercial vehicles, trucks, buses, vans, cars, utility vehicles, and electric vehicles; watercrafts; motorcycles, scooters, and mopeds; manufactures, assembles, and maintains various kinds of aircrafts and aircraft components, and aerostructures; offers construction equipment, such as backhoe loaders under the Mahindra EarthMaster brand; and road construction equipment comprising motor graders under the Mahindra RoadMaster brand.