Short Interest in Macquarie Group Limited (OTCMKTS:MQBKY) Drops By 33.3%

Macquarie Group Limited (OTCMKTS:MQBKY) was the recipient of a significant drop in short interest in February. As of February 15th, there was short interest totalling 2,000 shares, a drop of 33.3% from the January 31st total of 3,000 shares. Based on an average trading volume of 23,900 shares, the days-to-cover ratio is currently 0.1 days.

Macquarie Group Price Performance

Shares of OTCMKTS:MQBKY traded down $0.98 on Tuesday, hitting $138.48. 19,001 shares of the company traded hands, compared to its average volume of 14,229. Macquarie Group has a 52 week low of $118.12 and a 52 week high of $165.98. The stock has a 50 day simple moving average of $144.70 and a 200-day simple moving average of $148.45.

Macquarie Group Company Profile

Macquarie Group Limited provides diversified financial services in Australia, the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company operates through four segments: Macquarie Asset Management (MAM), Banking and Financial Services (BFS), Commodities and Global Markets (CGM), and Macquarie Capital.