Magellan Financial Group Limited (OTCMKTS:MGLLF) Sees Large Decrease in Short Interest

Magellan Financial Group Limited (OTCMKTS:MGLLFGet Free Report) was the target of a significant drop in short interest during the month of February. As of February 15th, there was short interest totalling 65,700 shares, a drop of 16.9% from the January 31st total of 79,100 shares. Based on an average trading volume of 0 shares, the short-interest ratio is presently ∞ days.

Magellan Financial Group Price Performance

Shares of MGLLF remained flat at C$6.40 on Wednesday. The firm has a 50 day moving average of C$6.40 and a two-hundred day moving average of C$6.40. Magellan Financial Group has a 12 month low of C$5.10 and a 12 month high of C$6.40.

About Magellan Financial Group

(Get Free Report)

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.

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