Short Interest in Old Mutual Limited (OTCMKTS:ODMUF) Declines By 16.3%

Old Mutual Limited (OTCMKTS:ODMUF) was the recipient of a large drop in short interest in August. As of August 15th, there was short interest totalling 5,012,700 shares, a drop of 16.3% from the July 31st total of 5,987,200 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Old Mutual Stock Performance

ODMUF opened at $0.76 on Friday. Old Mutual has a 1-year low of $0.53 and a 1-year high of $0.69. The firm has a 50-day moving average price of $0.54 and a two-hundred day moving average price of $0.57.

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.