MTN Group Ltd. (OTCMKTS:MTNOY) Stock Short Interest Report for September

MTN Group Ltd. (OTCMKTS:MTNOY) was the recipient of a large increase in short interest in the month of September. As of September 30th, there was short interest totaling 72,981 shares, an increase of 149.5% from the September 15th total of 29,252 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average trading volume of 69,862 shares, the days-to-cover ratio is presently 1.0 days.

MTN Group Stock Down 0.9%

OTCMKTS:MTNOY traded down $0.10 during trading hours on Wednesday, hitting $11.27. The stock had a trading volume of 15,370 shares, compared to its average volume of 19,571. MTN Group has a 1-year low of $9.03 and a 1-year high of $14.67. The business has a 50 day simple moving average of $11.96 and a two-hundred day simple moving average of $12.68.

MTN Group Company Profile

MTN Group Limited is a South Africa-based multinational telecommunications company that provides mobile communications and digital services across Africa and the Middle East. The group’s core activities include mobile voice and data connectivity, broadband, roaming, digital services, and enterprise communications solutions for consumers, businesses, and public-sector customers.

MTN also operates financial-technology services through its Mobile Money, or MoMo, platform, which supports services such as money transfers, payments, merchant transactions, and related digital financial products in selected markets.