MTN Group Limited (OTCMKTS:MTNOY) Short Interest Update

MTN Group Limited (OTCMKTS:MTNOY) saw a large increase in short interest during the month of October. As of October 15th, there was short interest totalling 23,800 shares, an increase of 781.5% from the September 30th total of 2,700 shares. Based on an average daily trading volume, of 19,200 shares, the short-interest ratio is presently 1.2 days.

MTN Group Trading Down 1.2 %

OTCMKTS:MTNOY traded down $0.06 during trading hours on Friday, reaching $5.00. 9,577 shares of the stock were exchanged, compared to its average volume of 31,888. The firm has a 50 day simple moving average of $5.17 and a 200-day simple moving average of $4.78. MTN Group has a 52 week low of $3.92 and a 52 week high of $6.40.

About MTN Group

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.