Short Interest in Mahindra & Mahindra Limited (OTCMKTS:MAHMF) Declines By 56.0%

Mahindra & Mahindra Limited (OTCMKTS:MAHMF) was the target of a large decrease in short interest during the month of September. As of September 30th, there was short interest totalling 91,200 shares, a decrease of 56.0% from the September 15th total of 207,200 shares. Based on an average trading volume of 200 shares, the short-interest ratio is currently 456.0 days.

Shares of MAHMF stock remained flat at $$11.29 during trading hours on Thursday. 50 shares of the stock traded hands, compared to its average volume of 1,371. The stock has a 50-day simple moving average of $10.20 and a 200 day simple moving average of $10.50. Mahindra & Mahindra has a fifty-two week low of $4.10 and a fifty-two week high of $12.50.

About Mahindra & Mahindra

Mahindra & Mahindra Ltd. is a holding company, which engages in the manufacturing of automotive vehicles. It operates through the following segments: Automotive, Farm Equipment, and Others. The Automotive segment comprises of sale of automobiles, spare parts, and related services. The Farm Equipment segment involves in the sale of tractor and spare parts.

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