Short Interest in Majic Wheels Corp. (OTCMKTS:MJWL) Declines By 57.9%

Majic Wheels Corp. (OTCMKTS:MJWL) was the recipient of a significant drop in short interest during the month of December. As of December 31st, there was short interest totalling 309,200 shares, a drop of 57.9% from the December 15th total of 734,200 shares. Based on an average daily trading volume, of 10,630,500 shares, the short-interest ratio is presently 0.0 days.

Shares of MJWL stock traded down $0.00 on Wednesday, reaching $0.00. The company’s stock had a trading volume of 10,603,843 shares, compared to its average volume of 10,664,381. Majic Wheels has a 1 year low of $0.00 and a 1 year high of $0.00.

About Majic Wheels

Majic Wheels Corp., a development stage company, operates in waste management business. It intends to engage in environmental safe junk removal, trash hauling, recycling, commercial and residential construction cleanup, and demolition business activities, as well as roll off dumpster rentals and site work services.

Recommended Story: What Does Beta Mean In Stock Selection?

Receive News & Ratings for Majic Wheels Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Majic Wheels and related companies with MarketBeat.com's FREE daily email newsletter.