MOGU Inc. Sponsored ADR (NYSE:MOGU) Stock Short Interest Report for September

MOGU Inc. Sponsored ADR (NYSE:MOGU) saw a significant drop in short interest in September. As of September 30th, there was short interest totaling 1,139 shares, a drop of 61.0% from the September 15th total of 2,923 shares. Based on an average daily volume of 1,443 shares, the days-to-cover ratio is currently 0.8 days. Approximately 0.0% of the company’s stock are short sold.

MOGU Stock Down 2.1%

Shares of MOGU stock traded down $0.04 on Wednesday, reaching $1.82. 41,371 shares of the company traded hands, compared to its average volume of 19,212. The company has a 50 day moving average of $1.91 and a 200 day moving average of $2.04. MOGU has a 52 week low of $1.27 and a 52 week high of $3.27.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of MOGU in a report on Tuesday, August 4th. One research analyst has rated the stock with a Sell rating. Based on data from MarketBeat.com, the stock has an average rating of “Sell”.

MOGU Company Profile

MOGU Inc operates a fashion and lifestyle-focused online platform in China. Historically known as Mogujie, the company connects consumers with merchants and fashion content creators through a mobile and web-based marketplace designed around product discovery, recommendations and social interaction.

The platform has offered apparel, accessories, beauty products and other lifestyle merchandise from third-party sellers. Its services have included online shopping, personalized product recommendations, user-generated content, influencer marketing and livestreaming, enabling merchants and creators to showcase products and engage directly with consumers.

MOGU was founded in 2011 and has primarily served consumers and businesses in China.