Magellan Aerospace Co. (OTCMKTS:MALJF – Get Free Report) was the target of a large decline in short interest in the month of October. As of October 15th, there was short interest totalling 100 shares, a decline of 90.9% from the September 30th total of 1,100 shares. Based on an average daily volume of 3,400 shares, the days-to-cover ratio is currently 0.0 days.
Magellan Aerospace Price Performance
OTCMKTS MALJF remained flat at $7.39 during trading hours on Friday. The business’s 50 day simple moving average is $7.02 and its 200 day simple moving average is $6.38. Magellan Aerospace has a 1-year low of $5.17 and a 1-year high of $7.90.
Magellan Aerospace Company Profile
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