MTN Group Limited (OTCMKTS:MTNOY) Short Interest Update

MTN Group Limited (OTCMKTS:MTNOY) was the recipient of a large decrease in short interest in 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 company are sold short. Based on an average daily trading volume, of 12,200 shares, the days-to-cover ratio is currently 1.5 days.

MTN Group Stock Performance

OTCMKTS MTNOY traded up $0.15 on Monday, reaching $6.29. The stock had a trading volume of 4,126 shares, compared to its average volume of 21,398. The firm has a fifty day moving average of $5.97 and a two-hundred day moving average of $5.28. MTN Group has a 1-year low of $3.92 and a 1-year high of $6.59.

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.