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

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

Magellan Financial Group Stock Performance

OTCMKTS:MGLLF remained flat at C$6.40 during trading hours on Wednesday. Magellan Financial Group has a 1-year low of C$5.10 and a 1-year high of C$6.40. The firm’s fifty day moving average price is C$6.40 and its 200 day moving average price 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.