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MTN Group Limited (OTCMKTS:MTNOY) Sees Large Decline in Short Interest

Published 1 week ago2 minute read
Get Free Report) saw a large decline in short interest during the month of March. As of March 15th, there was short interest totalling 12,800 shares, a decline of 27.7% from the February 28th total of 17,700 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 19,800 shares, the days-to-cover ratio is currently 0.6 days.

Shares of MTN Group stock traded up $0.06 during trading hours on Monday, reaching $6.77. 9,205 shares of the company’s stock were exchanged, compared to its average volume of 33,839. The business has a fifty day moving average of $6.28 and a two-hundred day moving average of $5.38. MTN Group has a 1 year low of $3.92 and a 1 year high of $6.96.

The firm also recently disclosed a dividend, which will be paid on Thursday, April 24th. Investors of record on Friday, April 11th will be paid a dividend of $0.1907 per share. The ex-dividend date of this dividend is Friday, April 11th. This is a boost from MTN Group’s previous dividend of $0.12.

(Get Free Report)

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.

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