MTN Group Limited (OTCMKTS:MTNOY) Short Interest Update

MTN Group Limited (OTCMKTS:MTNOY) was the target of a large decrease in short interest during the month of February. As of February 28th, there was short interest totalling 17,700 shares, a decrease of 23.0% from the February 13th total of 23,000 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 12,200 shares, the days-to-cover ratio is currently 1.5 days.

MTN Group Price Performance

MTN Group stock traded up $0.15 during trading hours on Monday, hitting $6.29. The stock had a trading volume of 4,126 shares, compared to its average volume of 21,398. MTN Group has a one year low of $3.92 and a one year high of $6.59. The business’s 50 day simple moving average is $5.97 and its 200-day simple moving average is $5.28.

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.