Magellan Financial Group Limited (OTCMKTS:MGLLF) Short Interest Update

Magellan Financial Group Limited (OTCMKTS:MGLLF) was the recipient of a large decline in short interest in the month of February. As of February 28th, there was short interest totalling 13,300 shares, a decline of 79.8% from the February 13th total of 65,700 shares. Based on an average daily volume of 0 shares, the short-interest ratio is currently ∞ days.

Magellan Financial Group Price Performance

Shares of OTCMKTS MGLLF remained flat at C$6.40 during midday trading on Wednesday. Magellan Financial Group has a one year low of C$5.10 and a one year high of C$6.40. The stock’s 50 day moving average is C$6.40 and its two-hundred day moving average is C$6.40.

Magellan Financial Group Company Profile

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.