Short Interest in Magellan Financial Group Limited (OTCMKTS:MGLLF) Increases By 35.3%

Magellan Financial Group Limited (OTCMKTS:MGLLF) saw a significant increase in short interest in the month of March. As of March 15th, there was short interest totalling 18,000 shares, an increase of 35.3% from the February 28th total of 13,300 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Magellan Financial Group Stock Performance

MGLLF stock opened at C$6.40 on Wednesday. The business’s fifty day moving average price is C$6.40 and its 200 day moving average price is C$6.40. Magellan Financial Group has a 12-month low of C$5.10 and a 12-month high of C$6.40.

About Magellan Financial Group

Magellan Financial Group Limited is a publicly owned investment manager. It invests in global equities and global listed infrastructure markets across the globe. Magellan Financial Group Limited founded in 2004 and is based in Sydney, Australia.