MTN Group Limited (OTCMKTS:MTNOY) Short Interest Update

MTN Group Limited (OTCMKTS:MTNOY - Get Free Report) saw a large decrease in short interest in March. As of March 15th, there was short interest totalling 12,800 shares, a decrease of 27.7% from the February 28th total of 17,700 shares. Approximately 0.0% of the company's stock are sold short. Based on an average daily trading volume, of 19,800 shares, the days-to-cover ratio is currently 0.6 days.

MTN Group Trading Down 2.4 %

Shares of OTCMKTS:MTNOY traded down $0.16 on Thursday, hitting $6.41. 8,323 shares of the company's stock were exchanged, compared to its average volume of 42,584. MTN Group has a 1-year low of $3.92 and a 1-year high of $6.96. The firm's 50-day moving average is $6.33 and its 200 day moving average is $5.41.

MTN Group Increases Dividend

The company also recently disclosed a dividend, which will be paid on Thursday, April 24th. Shareholders of record on Friday, April 11th will be issued a dividend of $0.1907 per share. This is a positive change from MTN Group's previous dividend of $0.12. The ex-dividend date of this dividend is Friday, April 11th.

MTN Group Company Profile

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.