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

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

MGO Global Trading Down 41.2 %

Shares of MGO Global stock opened at $0.17 on Wednesday. The business’s fifty day moving average price is $1.27 and its 200 day moving average price is $2.46. MGO Global has a twelve month low of $0.16 and a twelve month high of $18.30.

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.