What’s Propelling M1 LTD (OTCMKTS:MBOFF) After Lower Shorts Reported?

February 15, 2018 - By Adrian Mccoy

The stock of M1 LTD (OTCMKTS:MBOFF) registered a decrease of 6.8% in short interest. MBOFF’s total short interest was 698,900 shares in February as published by FINRA. Its down 6.8% from 749,900 shares, reported previously.

It closed at $1.4 lastly. It is down 0.00% since February 15, 2017 and is . It has underperformed by 16.70% the S&P500.

M1 Limited, together with its subsidiaries, provides mobile and fixed communications services in Singapore. The company has market cap of $1.21 billion. It offers various voice, data, and value-added postpaid and prepaid mobile services on 4G/long term evolution advanced, 3G/high speed packet access, and 2G mobile networks; international direct dial services to mobile and fixed-line customers; and international calling card services. It has a 12.96 P/E ratio. The firm also trades in wholesale voice minutes to other international and local service providers, as well as dark fiber services to carriers and data centers.

More recent M1 Limited (OTCMKTS:MBOFF) news were published by: Reuters.com which released: “Singapore telecom firm M1’s biggest shareholders evaluating stake sales” on March 17, 2017. Also Reuters.com published the news titled: “BRIEF-M1 Ltd updates on share subscription agreement with unit Kliq and …” on October 24, 2017. Bloomberg.com‘s news article titled: “Singapore’s MyRepublic Seeking Private-Equity Backing for M1 Bid, Sources Say” with publication date: May 31, 2017 was also an interesting one.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.