Old Mutual Limited (OTCMKTS:ODMUF) Short Interest Up 23.7% in June

Old Mutual Limited (OTCMKTS:ODMUF) was the target of a significant growth in short interest in June. As of June 30th, there was short interest totalling 4,418,300 shares, a growth of 23.7% from the June 15th total of 3,572,200 shares. Based on an average daily trading volume, of 2,800 shares, the days-to-cover ratio is presently 1,578.0 days.

Old Mutual Stock Performance

Shares of ODMUF remained flat at $0.53 during mid-day trading on Monday. Old Mutual has a 12-month low of $0.53 and a 12-month high of $0.69. The business has a 50 day moving average price of $0.53 and a 200-day moving average price of $0.60.

Old Mutual Company Profile

Old Mutual Limited, together with its subsidiaries, provides financial services primarily in South Africa and rest of Africa. The company operates through Mass and Foundation Cluster, Personal Finance and Wealth Management, Old Mutual Investments, Old Mutual Corporate, Old Mutual Insure, and Old Mutual Africa Regions segments.