Ceconomy AG (OTCMKTS:MTAGF) Short Interest Update

Ceconomy AG (OTCMKTS:MTAGF) was the target of a significant increase in short interest during the month of October. As of October 15th, there was short interest totaling 107,900 shares, an increase of 42.9% from the September 30th total of 75,500 shares. Based on an average trading volume of 0 shares, the short-interest ratio is currently ∞ days. Based on an average trading volume of 0 shares, the short-interest ratio is currently ∞ days.

Ceconomy Stock Performance

Shares of MTAGF opened at $5.57 on Tuesday. Ceconomy has a 1-year low of $4.86 and a 1-year high of $5.57. The firm has a 50-day simple moving average of $5.28 and a two-hundred day simple moving average of $3.97.

About Ceconomy

Ceconomy AG, together with its subsidiaries, engages in the consumer electronics retail business. It operates stores under the MediaMarkt and Saturn brands. The company offers professional assistance for the installation, connection, and troubleshooting of electronic devices at home under the Deutsche Technikberatung brand.