Masonglory Limited (NASDAQ:MSGY) Short Interest Up 24.2% in January

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

Analysts Set New Price Targets

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

Masonglory Stock Performance

Shares of MSGY stock traded up $0.03 during mid-day trading 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. The company’s 50 day simple moving average is $2.61 and its 200-day simple moving average is $5.89. Masonglory has a 12-month low of $0.65 and a 12-month high of $22.20.

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.