Short Interest in Mullen Group Ltd. (OTCMKTS:MLLGF) Increases By 24.4%

Mullen Group Ltd. (OTCMKTS:MLLGF) was the target of a large increase in short interest during the month of February. As of February 15th, there was short interest totalling 234,600 shares, an increase of 24.4% from the January 31st total of 188,600 shares. Based on an average trading volume of 1,100 shares, the short-interest ratio is currently 213.3 days.

Mullen Group Price Performance

Shares of MLLGF opened at $8.84 on Friday. The firm’s 50-day moving average price is $9.96 and its 200-day moving average price is $10.45. Mullen Group has a 1-year low of $8.84 and a 1-year high of $11.25.

About Mullen Group

Mullen Group Ltd. provides a range of trucking and logistics services in Canada and the United States. The Less-Than-Truckload segment delivers general freight consisting of smaller shipments, packages, and parcels; and pharmaceutical and package products. The Logistics & Warehousing segment offers full truckload, specialized transportation, warehousing, and fulfillment centers that handle e-commerce transactions and transload facilities for intermodal and bulk shipments; technology solutions, including transportation, inventory, and warehouse management systems; and warehousing and distribution services.