Millennium Group International Holdings Limited (NASDAQ:MGIH) Short Interest Down 47.6% in August

Posted by Teresa Graham on Sep 16th, 2026

Millennium Group International Holdings Limited (NASDAQ:MGIH – Get Free Report) saw a large decline in short interest during the month of August. As of August 31st, there was short interest totaling 48,556 shares, a decline of 47.6% from the August 15th total of 92,685 shares. Currently, 0.4% of the company’s stock are short sold. Based on an average daily trading volume, of 31,754 shares, the short-interest ratio is currently 1.5 days.

Millennium Group International Trading Up 3.3%

Shares of Millennium Group International stock traded up $0.05 during trading hours on Wednesday, hitting $1.58. The company had a trading volume of 8,158 shares, compared to its average volume of 18,031. The company’s 50-day moving average is $1.56 and its two-hundred day moving average is $1.50. Millennium Group International has a twelve month low of $1.11 and a twelve month high of $3.12. The company has a current ratio of 1.61, a quick ratio of 1.44 and a debt-to-equity ratio of 0.02.

Millennium Group International (NASDAQ:MGIH – Get Free Report) last announced its quarterly earnings results on Thursday, June 25th. The company reported ($0.15) EPS for the quarter. The company had revenue of $5.43 million for the quarter.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of Millennium Group International in a report on Friday, August 7th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Millennium Group International has a consensus rating of “Sell”.

Get Our Latest Analysis on MGIH

About Millennium Group International

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Millennium Group International Holdings Limited, an investment holding company, provides paper-based packaging solutions in Mainland China, Hong Kong, Vietnam, rest of Southeast Asian countries, Australia, the United States, and internationally. The company offers paper packaging products, including cardboard boxes, gift boxes, displays, corrugated outer cartons, manuals, and user guides to footwear products, sportswear, cookware and kitchenware, smartphones, food and beverage, paper and packaging, non-food-and-beverage-consumables, logistics, e-commerce, and home electronics industries; and packaging solutions to various luxury products industries.