MTN Group Limited (OTCMKTS:MTNOY) Short Interest Update

MTN Group Limited (OTCMKTS:MTNOY) was the target of a significant drop in short interest in February. As of February 15th, there was short interest totalling 23,000 shares, a drop of 52.1% from the January 31st total of 48,000 shares. Based on an average daily volume of 18,400 shares, the short-interest ratio is currently 1.3 days.

MTN Group Stock Up 0.8 %

OTCMKTS MTNOY traded up $0.05 on Monday, reaching $6.35. 17,145 shares of the company’s stock traded hands, compared to its average volume of 23,847. MTN Group has a 12 month low of $3.92 and a 12 month high of $6.59. The stock has a 50-day simple moving average of $5.66 and a 200 day simple moving average of $5.20.

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.