Old Mutual Limited (OTCMKTS:ODMUF) Sees Large Increase in Short Interest

Old Mutual Limited (OTCMKTS:ODMUF) was the target of a large growth in short interest in the month of March. As of March 13th, there was short interest totaling 41,425 shares, a growth of 63.4% from the February 26th total of 25,353 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Old Mutual Stock Performance

ODMUF stock opened at $0.78 on Friday. The company has a fifty day moving average price of $0.78 and a 200 day moving average price of $0.70. Old Mutual has a 12 month low of $0.53 and a 12 month high of $0.82.

About Old Mutual

Old Mutual Limited, trading on the OTCMKTS under the symbol ODMUF, is an international financial services group with origins dating back to 1845 in Cape Town, South Africa. The company has built a reputation in risk management and wealth creation, offering a diversified suite of financial solutions to both retail and institutional clients. Over its long history, Old Mutual has broadened its capabilities to include multiple lines of business, positioning itself as a comprehensive provider of protection and investment products.

The group’s core offerings span life and disability insurance, general insurance, retirement planning, and asset management.