MTN Group Limited (OTCMKTS:MTNOY) Short Interest Down 27.7% in March

MTN Group Limited (OTCMKTS:MTNOY) saw a significant decrease in short interest in March. As of March 15th, there was short interest totalling 12,800 shares, a decrease of 27.7% from the February 28th total of 17,700 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily volume of 19,800 shares, the days-to-cover ratio is currently 0.6 days.

MTN Group Stock Up 0.9 %

MTNOY traded up $0.06 during trading on Monday, hitting $6.77. The company’s stock had a trading volume of 9,205 shares, compared to its average volume of 33,839. MTN Group has a twelve month low of $3.92 and a twelve month high of $6.96. The business’s fifty day simple moving average is $6.28 and its 200 day simple moving average is $5.38.

MTN Group Increases Dividend

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

MTN Group Company Profile

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.