Mullen Group Ltd. (OTCMKTS:MLLGF) Short Interest Down 93.6% in September

Mullen Group Ltd. (OTCMKTS:MLLGF) was the recipient of a significant drop in short interest during the month of September. As of September 30th, there was short interest totalling 78,900 shares, a drop of 93.6% from the September 15th total of 1,232,100 shares. Based on an average trading volume of 1,200 shares, the days-to-cover ratio is currently 65.8 days.

Mullen Group Price Performance

Shares of Mullen Group stock remained flat at $10.58 during trading on Friday. The company had a trading volume of 2 shares, compared to its average volume of 1,041. The business’s fifty day simple moving average is $10.50 and its 200-day simple moving average is $10.07. Mullen Group has a twelve month low of $8.86 and a twelve month high of $11.29.

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.