MGO Global, Inc. (NASDAQ:MGOL) Short Interest Update

MGO Global, Inc. (NASDAQ:MGOL) was the recipient of a significant growth in short interest during the month of January. As of January 15th, there was short interest totalling 1,920,000 shares, a growth of 7,610.8% from the December 31st total of 24,900 shares. Based on an average daily volume of 1,710,000 shares, the days-to-cover ratio is currently 1.1 days.

MGO Global Stock Down 41.2 %

Shares of MGOL stock traded down $0.12 during mid-day trading on Tuesday, reaching $0.17. 36,384,057 shares of the stock traded hands, compared to its average volume of 7,259,224. The company has a market cap of $482,270.00, a price-to-earnings ratio of -0.04 and a beta of 7.52. The stock’s fifty day simple moving average is $1.27 and its two-hundred day simple moving average is $2.46. MGO Global has a 1-year low of $0.16 and a 1-year high of $18.30.

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.