MTN Group Limited (OTCMKTS:MTNOY) Sees Significant Drop in Short Interest

MTN Group Limited (OTCMKTS:MTNOY) saw a large decrease in short interest during the month of October. As of October 31st, there was short interest totalling 800 shares, a decrease of 96.6% from the October 15th total of 23,800 shares. Based on an average daily volume of 22,200 shares, the short-interest ratio is presently 0.0 days.

MTN Group Stock Down 4.8 %

Shares of OTCMKTS:MTNOY traded down $0.22 on Thursday, reaching $4.36. 13,592 shares of the company’s stock were exchanged, compared to its average volume of 30,933. MTN Group has a fifty-two week low of $3.92 and a fifty-two week high of $6.40. The business’s 50-day moving average is $5.09 and its two-hundred day moving average is $4.80.

MTN Group Company Profile

MTN Group Limited, together with its subsidiaries, provides mobile telecommunications services in South Africa, Nigeria, East Africa, West and Central Africa, and the Middle East and North Africa. The company offers data, voice and SMS, digital and fintech, interconnect, and roaming services, as well as sells mobile devices.