MTY Food Group Inc. (OTCMKTS:MTYFF) Sees Large Growth in Short Interest

MTY Food Group Inc. (OTCMKTS:MTYFF) saw a significant growth in short interest in February. As of February 28th, there was short interest totalling 298,500 shares, a growth of 16.6% from the February 13th total of 256,100 shares. Based on an average trading volume of 5,700 shares, the short-interest ratio is currently 52.4 days.

MTY Food Group Stock Performance

Shares of MTYFF stock traded up $0.89 during mid-day trading on Wednesday, hitting $29.68. 3,425 shares of the stock were exchanged, compared to its average volume of 4,008. The stock’s fifty day simple moving average is $31.99 and its two-hundred day simple moving average is $32.71. MTY Food Group has a 12-month low of $28.00 and a 12-month high of $39.15.

About MTY Food Group

MTY Food Group Inc operates and franchises quick-service, fast-casual, and casual dining restaurants in Canada, the United States, and internationally. It also sells retail products under a multitude of banners. The company was formerly known as iNsu Innovations Group Inc and changed its name to MTY Food Group Inc in July 2003.