MGO Global, Inc. (NASDAQ:MGOL) Short Interest Down 58.9% in November

MGO Global, Inc. (NASDAQ:MGOL) saw a significant decline in short interest in November. As of November 15th, there was short interest totalling 33,800 shares, a decline of 58.9% from the October 31st total of 82,200 shares. Currently, 2.0% of the shares of the stock are sold short. Based on an average daily volume of 93,300 shares, the days-to-cover ratio is currently 0.4 days.

MGO Global Trading Up 2.2 %

Shares of NASDAQ MGOL traded up $0.05 during midday trading on Thursday, hitting $2.37. 9,241 shares of the company’s stock were exchanged, compared to its average volume of 1,038,808. MGO Global has a 12-month low of $1.91 and a 12-month high of $18.30. The company has a market cap of $6.87 million, a price-to-earnings ratio of -0.52 and a beta of 7.34. The business’s fifty day moving average price is $2.55 and its two-hundred day moving average price is $3.78.

About MGO Global

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.