Mayne Pharma Group Limited (OTCMKTS:MAYNF) Sees Significant Growth in Short Interest

Mayne Pharma Group Limited (OTCMKTS:MAYNF – Get Rating) was the target of a large growth in short interest in May. As of May 15th, there was short interest totalling 5,000 shares, a growth of 4,900.0% from the April 30th total of 100 shares. Based on an average daily volume of 700 shares, the days-to-cover ratio is currently 7.1 days.

Mayne Pharma Group Stock Performance

Shares of MAYNF opened at $2.37 on Friday. Mayne Pharma Group has a twelve month low of $2.00 and a twelve month high of $5.87. The firm’s fifty day simple moving average is $2.61 and its 200-day simple moving average is $2.80.

Mayne Pharma Group Company Profile

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Mayne Pharma Group Ltd. engages in the development and manufacture of proprietary and generic products. It operates through the following segments: Generic Products, Specialty Products, Metrics Contract Services, and Mayne Pharma International. The Generic Products segment is involved in the manufacture and distribution of generic and branded pharmaceutical products.