MTN Group Limited (OTCMKTS:MTNOY) Short Interest Update

MTN Group Limited (OTCMKTS:MTNOY) was the target of a significant drop in short interest in December. As of December 15th, there was short interest totalling 12,900 shares, a drop of 79.6% from the November 30th total of 63,300 shares. Based on an average trading volume of 63,500 shares, the short-interest ratio is presently 0.2 days.

MTN Group Stock Up 12.1 %

Shares of OTCMKTS:MTNOY traded up $0.53 during mid-day trading on Friday, hitting $4.94. The stock had a trading volume of 34,943 shares, compared to its average volume of 32,088. The company’s 50 day moving average is $4.69 and its 200-day moving average is $4.76. MTN Group has a 12-month low of $3.92 and a 12-month high of $6.38.

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.