Mullen Group Ltd (OTCMKTS: MLLGF – Get a rating) recorded a sharp increase in short-term interest in March. As of March 31, there was short interest totaling 201,600 shares, an increase of 41.5% from the March 15 total of 142,500 shares. Based on an average daily trading volume of 1,800 shares, the days-to-cover ratio is currently 112.0 days.
OTCMKTS: MLLGF remained steady at $10.25 during Friday trading hours. The company’s stock had a trading volume of 300 shares, compared to an average volume of 1,364. The company’s 50-day moving average price is $10.01 and its 200-day moving average price is 9 $.83. Mullen Group has a 12-month low of $8.77 and a 12-month high of $11.56.
About the Mullen Group (Get a rating)
Mullen Group Ltd. provides a range of trucking and logistics services in Canada and the United States. The company operates through four segments: LTL, Logistics & Warehousing, Specialty & Industrial Services, and US & International Logistics. The Less-Than-Truckload segment delivers general freight consisting of small shipments, parcels and parcels; and pharmaceuticals and packaging.
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