MTN Group Limited (OTCMKTS:MTNOY - Get Free Report) was the recipient of a large drop in short interest during the month of February. As of February 15th, there was short interest totalling 23,000 shares, a drop of 52.1% from the January 31st total of 48,000 shares. Based on an average daily trading volume, of 18,400 shares, the days-to-cover ratio is currently 1.3 days.
MTN Group Stock Performance
Shares of OTCMKTS MTNOY traded up $0.19 during trading hours on Wednesday, reaching $6.44. The stock had a trading volume of 7,344 shares, compared to its average volume of 23,372. The business's fifty day moving average is $5.77 and its two-hundred day moving average is $5.22. MTN Group has a twelve month low of $3.92 and a twelve month high of $6.59.
About MTN Group
(
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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.
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