What’s MAHINDRA & MAHINDRA LTD REG S GD (OTCMKTS:MAHMF) Upside After This Short Interest Decrease?

February 15, 2018 - By Ellis Scott

The stock of MAHINDRA & MAHINDRA LTD REG S GD (OTCMKTS:MAHMF) registered a decrease of 97.18% in short interest. MAHMF’s total short interest was 200 shares in February as published by FINRA. Its down 97.18% from 7,100 shares, reported previously. With 500 shares average volume, it will take short sellers 0 days to cover their MAHMF’s short positions.

It closed at $11.55 lastly. It is down 0.00% since February 15, 2017 and is . It has underperformed by 16.70% the S&P500.

Mahindra & Mahindra Limited primarily engages in the automotive and farm equipment businesses worldwide. The company has market cap of $12.37 billion. The firm offers aerospace components, airframe parts and assemblies, and aircraft; automotive services and pre-owned cars; personal and commercial vehicles; application and light trucks; electric vehicles; recreational and commercial boats; and motor cycles, electric scooters, and e-bikes. It has a 21.88 P/E ratio. It also provides crop care products; supplies hybrid seeds; grows and distributes seed potatoes, pulses, and edible oils; exports fruits; and offers dairy products, agricultural irrigation systems, pumps and pipes, and landscape and turf irrigation products.

More notable recent Mahindra & Mahindra Limited (OTCMKTS:MAHMF) news were published by: Economictimes.Indiatimes.com which released: “Buy Mahindra & Mahindra, target Rs 840: Manas Jaiswal” on February 02, 2018, also Economictimes.Indiatimes.com with their article: “Mahindra & Mahindra unveiled India’s first convertible SUV, ‘TUV Stinger’, at …” published on February 08, 2018, Economictimes.Indiatimes.com published: “Buy Mahindra & Mahindra, target Rs 810: Pritesh Mehta” on February 01, 2018. More interesting news about Mahindra & Mahindra Limited (OTCMKTS:MAHMF) were released by: Economictimes.Indiatimes.com and their article: “Mahindra & Mahindra to invest Rs 600 crore in new EV, eyes 3000 monthly production” published on January 31, 2018 as well as Economictimes.Indiatimes.com‘s news article titled: “Mahindra & Mahindra DOFfs its hat to virtual reality” with publication date: February 07, 2018.

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