MaxsMaking Inc. (NASDAQ:MAMK) Short Interest Down 32.7% in October

MaxsMaking Inc. (NASDAQ:MAMK) was the recipient of a significant decrease in short interest during the month of October. As of October 15th, there was short interest totaling 18,300 shares, a decrease of 32.7% from the September 30th total of 27,200 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average daily volume of 221,600 shares, the days-to-cover ratio is presently 0.1 days. Based on an average daily volume of 221,600 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.1% of the company’s shares are sold short.

Analyst Ratings Changes

Several equities analysts recently commented on MAMK shares. Weiss Ratings reiterated a “sell (e-)” rating on shares of MaxsMaking in a research note on Friday. Wall Street Zen upgraded MaxsMaking to a “hold” rating in a research note on Sunday, July 20th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, MaxsMaking currently has a consensus rating of “Sell”.

MaxsMaking Trading Up 23.2%

MAMK stock traded up $1.28 during trading on Tuesday, reaching $6.80. 506,967 shares of the stock traded hands, compared to its average volume of 490,047. The firm’s 50 day simple moving average is $2.79. MaxsMaking has a 52-week low of $1.87 and a 52-week high of $12.78.

MaxsMaking Company Profile

MaxsMaking Inc is a manufacturer of customized consumer goods. It offers a wide range of customizable products such as backpacks, shopping bags, aprons and other promotional items. MaxsMaking Inc is based in SHANGHAI.