Masonglory Limited (NASDAQ:MSGY) Sees Large Increase in Short Interest

Masonglory Limited (NASDAQ:MSGY) was the recipient of a large growth in short interest in January. As of January 30th, there was short interest totaling 311,960 shares, a growth of 24.2% from the January 15th total of 251,149 shares. Approximately 2.2% of the company’s stock are short sold. Based on an average trading volume of 3,823,341 shares, the short-interest ratio is currently 0.1 days. Based on an average trading volume of 3,823,341 shares, the short-interest ratio is currently 0.1 days. Approximately 2.2% of the company’s stock are short sold.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated 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, the company presently has an average rating of “Sell”.

Masonglory Trading Up 4.6%

MSGY traded up $0.03 on Monday, reaching $0.68. The company’s stock had a trading volume of 180,194 shares, compared to its average volume of 2,062,784. Masonglory has a 1 year low of $0.65 and a 1 year high of $22.20. The business’s 50 day moving average is $2.61 and its 200 day moving average is $5.89.

Masonglory Company Profile

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