Short Interest in MGO Global, Inc. (NASDAQ:MGOL) Increases By 7,610.8%

MGO Global, Inc. (NASDAQ:MGOL) was the recipient of a significant increase in short interest in December. As of December 31st, there was short interest totalling 1,920,000 shares, an increase of 7,610.8% from the December 15th total of 24,900 shares. Based on an average trading volume of 1,710,000 shares, the days-to-cover ratio is currently 1.1 days.

MGO Global Price Performance

MGOL stock traded up $0.07 during trading on Monday, reaching $0.62. 1,599,714 shares of the company were exchanged, compared to its average volume of 8,064,193. MGO Global has a twelve month low of $0.36 and a twelve month high of $18.30. The company has a market capitalization of $1.80 million, a price-to-earnings ratio of -0.14 and a beta of 7.52. The company has a 50-day moving average of $1.75 and a two-hundred day moving average of $2.86.

About MGO Global

MGO Global, Inc operates as a lifestyle brand portfolio company. The company is involved in the fashion design, brand development and management, sourcing and manufacturing, licensing, IP protection, corporate finance, consumer engagement and experience, ecommerce, and retail sales and marketing activities related to the Messi brand.