Short Interest in Masonglory Limited (NASDAQ:MSGY) Grows By 24.1%

Masonglory Limited (NASDAQ:MSGY) was the recipient of a large increase in short interest during the month of December. As of December 31st, there was short interest totaling 65,297 shares, an increase of 24.1% from the December 15th total of 52,624 shares. Based on an average daily trading volume, of 181,285 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.5% of the company’s stock are sold short. Currently, 0.5% of the company’s stock are sold short. Based on an average daily trading volume, of 181,285 shares, the days-to-cover ratio is currently 0.4 days.

Analyst Upgrades and Downgrades

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

Masonglory Stock Performance

MSGY traded up $0.11 on Monday, reaching $3.24. 154,683 shares of the stock were exchanged, compared to its average volume of 438,162. The firm’s 50-day moving average is $2.61. Masonglory has a fifty-two week low of $0.83 and a fifty-two week 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.