Short Interest in MGO Global, Inc. (NASDAQ:MGOL) Declines By 36.4%

MGO Global, Inc. (NASDAQ:MGOL) saw a significant drop in short interest in November. As of November 30th, there was short interest totalling 21,500 shares, a drop of 36.4% from the November 15th total of 33,800 shares. Based on an average daily trading volume, of 76,300 shares, the days-to-cover ratio is currently 0.3 days. Approximately 1.3% of the shares of the company are sold short.

MGO Global Stock Performance

Shares of MGOL stock traded down $0.14 on Friday, hitting $2.10. The company’s stock had a trading volume of 15,380 shares, compared to its average volume of 992,016. MGO Global has a fifty-two week low of $1.91 and a fifty-two week high of $18.30. The stock’s 50 day moving average is $2.44 and its 200-day moving average is $3.52. The company has a market capitalization of $6.10 million, a PE ratio of -0.46 and a beta of 6.88.

MGO Global Company Profile

MGO Global, Inc operates as a lifestyle brand portfolio company. The company is involved in the fashion design, brand development and management, sourcing and manufacturing, licensing, IP protection, corporate finance, consumer engagement and experience, ecommerce, and retail sales and marketing activities related to the Messi brand.