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

Old Mutual Limited (OTCMKTS:ODMUF) was the target of a significant decrease in short interest in February. As of February 27th, there was short interest totaling 25,353 shares, a decrease of 33.0% from the February 12th total of 37,824 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Old Mutual Stock Performance

ODMUF remained flat at $0.78 during trading on Friday. The firm’s fifty day simple moving average is $0.78 and its two-hundred day simple moving average is $0.69. Old Mutual has a twelve month low of $0.53 and a twelve month high of $0.82.

Old Mutual Company Profile

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.