Short Interest in Macquarie Group Limited (OTCMKTS:MQBKY) Declines By 21.1%

Macquarie Group Limited (OTCMKTS:MQBKY) saw a large drop in short interest in the month of January. As of January 31st, there was short interest totalling 3,000 shares, a drop of 21.1% from the January 15th total of 3,800 shares. Based on an average trading volume of 30,300 shares, the days-to-cover ratio is currently 0.1 days.

Macquarie Group Price Performance

Shares of MQBKY stock traded up $1.05 during mid-day trading on Friday, reaching $151.80. The stock had a trading volume of 6,164 shares, compared to its average volume of 14,182. Macquarie Group has a one year low of $118.12 and a one year high of $165.98. The firm’s 50 day simple moving average is $143.87 and its 200 day simple moving average is $147.43.

About Macquarie Group

Macquarie Group Limited provides diversified financial services in Australia, the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company operates through four segments: Macquarie Asset Management (MAM), Banking and Financial Services (BFS), Commodities and Global Markets (CGM), and Macquarie Capital.