Ceconomy AG (OTCMKTS:MTAGF – Get Free Report) saw a large drop in short interest in May. As of May 29th, there was short interest totaling 5,347 shares, a drop of 62.6% from the May 14th total of 14,313 shares. Based on an average trading volume of 0 shares, the short-interest ratio is presently ∞ days.
Ceconomy Price Performance
MTAGF stock remained flat at $5.57 during mid-day trading on Friday. Ceconomy has a twelve month low of $4.86 and a twelve month high of $5.57. The company has a fifty day simple moving average of $5.57 and a 200 day simple moving average of $5.57.
About Ceconomy
Ceconomy AG operates as one of Europe’s largest consumer electronics retailers, offering a broad assortment of products that span televisions, audio equipment, smartphones, computers, household appliances and related accessories. Headquartered in Düsseldorf, Germany, the company manages two of the continent’s most recognized retail banners, MediaMarkt and Saturn, which cater to both private consumers and business customers through a mix of brick-and-mortar stores and online platforms.
The company’s services extend beyond product sales to include after-sales support, installation, repair and trade-in programs.
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