Old Mutual Limited (OTCMKTS:ODMUF) Sees Significant Increase in Short Interest

Old Mutual Limited (OTCMKTS:ODMUF) saw a significant increase in short interest in March. As of March 13th, there was short interest totaling 41,425 shares, an increase of 63.4% from the February 26th total of 25,353 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Old Mutual Stock Performance

Shares of OTCMKTS ODMUF opened at $0.78 on Friday. Old Mutual has a 52 week low of $0.53 and a 52 week high of $0.82. The business has a 50-day simple moving average of $0.78 and a two-hundred day simple moving average of $0.70.

Old Mutual Company Profile

Old Mutual Limited, trading on the OTCMKTS under the symbol ODMUF, is an international financial services group with origins dating back to 1845 in Cape Town, South Africa. The company has built a reputation in risk management and wealth creation, offering a diversified suite of financial solutions to both retail and institutional clients. Over its long history, Old Mutual has broadened its capabilities to include multiple lines of business, positioning itself as a comprehensive provider of protection and investment products.

The group’s core offerings span life and disability insurance, general insurance, retirement planning, and asset management.