MTN Group Ltd. (OTCMKTS:MTNOY) Short Interest Down 47.4% in December

MTN Group Ltd. (OTCMKTS:MTNOY) was the recipient of a large decline in short interest in December. As of December 15th, there was short interest totaling 15,919 shares, a decline of 47.4% from the November 30th total of 30,266 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average trading volume of 10,615 shares, the short-interest ratio is presently 1.5 days. Based on an average trading volume of 10,615 shares, the short-interest ratio is presently 1.5 days. Currently, 0.0% of the company’s stock are sold short.

MTN Group Trading Down 0.2%

OTCMKTS:MTNOY traded down $0.02 during trading hours on Friday, reaching $9.97. 1,313 shares of the stock were exchanged, compared to its average volume of 10,324. MTN Group has a twelve month low of $4.67 and a twelve month high of $10.21. The firm has a 50 day moving average of $9.63 and a 200 day moving average of $8.76.

About MTN Group

MTN Group (OTCMKTS: MTNOY) is a multinational telecommunications company headquartered in Johannesburg, South Africa. Founded in the mid-1990s as Mobile Telephone Networks, the company has grown into one of the largest mobile network operators serving consumers, businesses and governments across Africa and the Middle East. MTN is listed on the Johannesburg Stock Exchange and also trades over‑the‑counter in the United States under the symbol MTNOY.

The company’s core activities include mobile voice and data services, fixed‑line and broadband offerings, and enterprise solutions such as cloud, connectivity and managed services.