MTN Group Ltd. (OTCMKTS:MTNOY – Get Free Report) saw 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 shares of the company are short sold. Based on an average daily trading volume, of 69,862 shares, the short-interest ratio is currently 1.0 days.
MTN Group Trading Down 0.6%
MTN Group stock opened at $11.30 on Thursday. MTN Group has a 1-year low of $9.03 and a 1-year high of $14.67. The firm has a 50 day simple moving average of $11.94 and a 200 day simple moving average of $12.68.
About MTN Group
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.
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