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

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

MGO Global Stock Up 5.3 %

Shares of MGOL traded up $0.03 during mid-day trading on Wednesday, hitting $0.61. 2,302,183 shares of the company’s stock were exchanged, compared to its average volume of 6,938,234. The stock has a market cap of $1.77 million, a price-to-earnings ratio of -0.13 and a beta of 7.52. The firm has a fifty day moving average of $1.67 and a two-hundred day moving average of $2.79. MGO Global has a twelve month low of $0.36 and a twelve month high of $18.30.

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.