MTN Group Limited (OTCMKTS:MTNOY) Short Interest Up 700.0% in June

MTN Group Limited (OTCMKTS:MTNOY) was the recipient of a significant growth in short interest in June. As of June 30th, there was short interest totalling 1,600 shares, a growth of 700.0% from the June 15th total of 200 shares. Based on an average daily volume of 89,000 shares, the short-interest ratio is currently 0.0 days.

MTN Group Price Performance

OTCMKTS:MTNOY traded up $0.02 during trading hours on Thursday, reaching $4.56. The company’s stock had a trading volume of 16,384 shares, compared to its average volume of 40,120. MTN Group has a one year low of $4.12 and a one year high of $8.04. The business’s 50-day moving average is $4.65 and its 200-day moving average is $4.93. The company has a current ratio of 0.88, a quick ratio of 0.87 and a debt-to-equity ratio of 0.37.

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.