Masonglory Limited (NASDAQ:MSGY) Stock Short Interest Climbs 253.0%

Masonglory Limited (NASDAQ:MSGY) was the target of a large increase in short interest during the month of September. As of September 30th, there was short interest totaling 442,628 shares, an increase of 253.0% from the September 15th total of 125,381 shares. Based on an average daily volume of 9,715,897 shares, the short-interest ratio is currently 0.0 days. Currently, 24.9% of the company’s shares are short sold.

Masonglory Trading Down 15.0%

Shares of MSGY traded down $0.64 during midday trading on Friday, hitting $3.63. 75,225 shares of the stock were exchanged, compared to its average volume of 5,489,826. Masonglory has a 52-week low of $1.73 and a 52-week high of $52.80. The stock has a fifty day simple moving average of $2.77 and a 200 day simple moving average of $3.45.

Masonglory (NASDAQ:MSGY) last posted its earnings results on Thursday, July 30th. The company reported ($2.28) earnings per share (EPS) for the quarter. The company had revenue of $7.08 million during the quarter.

Analyst Ratings Changes

Separately, Weiss Ratings upgraded shares of Masonglory from a “sell (e+)” rating to a “sell (d-)” rating in a report on Friday, September 25th. One equities research analyst has rated the stock with a Sell rating. According to MarketBeat, the stock presently has a consensus rating of “Sell”.

About Masonglory