Mullen Group Ltd. (OTCMKTS:MLLGF) Sees Significant Growth in Short Interest

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

Mullen Group Stock Performance

Shares of Mullen Group stock opened at $8.87 on Monday. Mullen Group has a 1 year low of $8.81 and a 1 year high of $11.25. The business has a 50 day moving average price of $9.80 and a 200 day moving average price of $10.38.

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.