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

Old Mutual Limited (OTCMKTS:ODMUF) saw a large decline in short interest in the month of August. As of August 15th, there was short interest totalling 5,012,700 shares, a decline 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. The business has a fifty day moving average of $0.53 and a 200 day moving average of $0.57. Old Mutual has a 52-week low of $0.53 and a 52-week high of $0.69.

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.