Magellan Aerospace Co. (OTCMKTS:MALJF – Get Free Report) was the recipient of a large decline in short interest during the month of September. As of September 15th, there was short interest totalling 1,800 shares, a decline of 33.3% from the August 31st total of 2,700 shares. Based on an average daily trading volume, of 800 shares, the short-interest ratio is presently 2.3 days.
Magellan Aerospace Price Performance
OTCMKTS MALJF traded down $0.24 on Friday, hitting $6.80. The stock had a trading volume of 2,670 shares, compared to its average volume of 2,072. Magellan Aerospace has a 52-week low of $5.03 and a 52-week high of $7.20. The business’s fifty day moving average price is $6.74 and its 200 day moving average price is $6.21.
About Magellan Aerospace
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