Old Mutual Limited (OTCMKTS:ODMUF) Short Interest Up 23.7% in June

Old Mutual Limited (OTCMKTS:ODMUFGet Free Report) was the target of a large increase in short interest during the month of June. As of June 30th, there was short interest totalling 4,418,300 shares, an increase of 23.7% from the June 15th total of 3,572,200 shares. Based on an average trading volume of 2,800 shares, the short-interest ratio is currently 1,578.0 days.

Old Mutual Price Performance

OTCMKTS ODMUF remained flat at $0.53 during trading hours on Monday. Old Mutual has a one year low of $0.53 and a one year high of $0.69. The company’s 50 day moving average is $0.53 and its two-hundred day moving average is $0.60.

About Old Mutual

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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.

Further Reading

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