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Short Interest in MTN Group Limited (OTCMKTS:MTNOY) Declines By 68.5%

MTN Group logo with Computer and Technology background

MTN Group Limited (OTCMKTS:MTNOY - Get Free Report) was the target of a significant decrease in short interest in January. As of January 31st, there was short interest totalling 48,000 shares, a decrease of 68.5% from the January 15th total of 152,600 shares. Based on an average daily volume of 47,900 shares, the short-interest ratio is presently 1.0 days.

MTN Group Price Performance

Shares of MTNOY stock traded down $0.26 during trading hours on Friday, reaching $6.04. The company had a trading volume of 4,370 shares, compared to its average volume of 27,192. MTN Group has a 12-month low of $3.92 and a 12-month high of $6.39. The stock has a fifty day moving average of $5.34 and a 200-day moving average of $5.06.

About MTN Group

(Get Free Report)

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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