Masonglory Limited (NASDAQ:MSGY) Short Interest Update

Masonglory Limited (NASDAQ:MSGY) was the target of a large drop in short interest in the month of February. As of February 13th, there was short interest totaling 98,803 shares, a drop of 68.3% from the January 29th total of 311,960 shares. Based on an average daily trading volume, of 274,917 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.7% of the company’s shares are short sold. Currently, 0.7% of the company’s shares are short sold. Based on an average daily trading volume, of 274,917 shares, the days-to-cover ratio is currently 0.4 days.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Masonglory stock. Quadrature Capital Ltd increased its holdings in shares of Masonglory Limited (NASDAQ:MSGY) by 501.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 191,209 shares of the company’s stock after acquiring an additional 159,428 shares during the period. Quadrature Capital Ltd owned approximately 1.34% of Masonglory worth $507,000 at the end of the most recent reporting period.

Masonglory Price Performance

MSGY traded down $0.02 during trading on Friday, reaching $0.54. The stock had a trading volume of 56,058 shares, compared to its average volume of 354,627. The stock’s 50 day moving average is $2.18 and its two-hundred day moving average is $5.23. Masonglory has a one year low of $0.40 and a one year high of $22.20.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a “sell (e-)” rating on shares of Masonglory in a research note on Monday, December 29th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Masonglory has an average rating of “Sell”.

About Masonglory

Masonglory Limited is a subcontractor providing wet trades and related ancillary services to private and public sectors. Masonglory Limited is based in Hong Kong.