Magellan Financial Group Limited (OTCMKTS:MGLLF) Sees Large Growth in Short Interest

Magellan Financial Group Limited (OTCMKTS:MGLLFGet Free Report) was the target of a significant increase in short interest during the month of March. As of March 15th, there was short interest totalling 18,000 shares, an increase of 35.3% from the February 28th total of 13,300 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is currently ∞ days.

Magellan Financial Group Price Performance

MGLLF remained flat at C$6.40 during trading on Tuesday. The business’s fifty day moving average is C$6.40 and its two-hundred day moving average is C$6.40. Magellan Financial Group has a 12 month low of C$5.10 and a 12 month high of C$6.40.

About Magellan Financial Group

(Get Free Report)

Magellan Financial Group Limited is a publicly owned investment manager. It invests in global equities and global listed infrastructure markets across the globe. Magellan Financial Group Limited founded in 2004 and is based in Sydney, Australia.

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