Old Mutual Limited (OTCMKTS:ODMUF) Sees Large Decrease in Short Interest

Old Mutual Limited (OTCMKTS:ODMUF) was the target of a significant decline in short interest in the month of March. As of March 31st, there was short interest totaling 27,498 shares, a decline of 33.6% from the March 15th total of 41,425 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is presently ∞ days.

Old Mutual Stock Performance

OTCMKTS:ODMUF remained flat at $0.78 during trading hours on Wednesday. The firm has a 50 day simple moving average of $0.78 and a 200 day simple moving average of $0.72. Old Mutual has a one year low of $0.53 and a one year high of $0.82.

About Old Mutual

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.