Mullen Group Ltd. (OTCMKTS:MLLGF) Short Interest Update

Mullen Group Ltd. (OTCMKTS:MLLGF) was the target of a significant increase in short interest in February. As of February 28th, there was short interest totalling 310,900 shares, an increase of 32.5% from the February 13th total of 234,600 shares. Based on an average daily volume of 7,100 shares, the short-interest ratio is currently 43.8 days.

Mullen Group Price Performance

Shares of MLLGF stock remained flat at $8.87 during trading hours on Tuesday. The company has a 50-day simple moving average of $9.77 and a two-hundred day simple moving average of $10.37. Mullen Group has a twelve month low of $8.81 and a twelve month high of $11.25.

Mullen Group Company Profile

Mullen Group Ltd. provides a range of trucking and logistics services in Canada and the United States. The Less-Than-Truckload segment delivers general freight consisting of smaller shipments, packages, and parcels; and pharmaceutical and package products. The Logistics & Warehousing segment offers full truckload, specialized transportation, warehousing, and fulfillment centers that handle e-commerce transactions and transload facilities for intermodal and bulk shipments; technology solutions, including transportation, inventory, and warehouse management systems; and warehousing and distribution services.