Millennium Group International Holdings Limited (NASDAQ:MGIH) Short Interest Update

Millennium Group International Holdings Limited (NASDAQ:MGIH) was the recipient of a large decrease in short interest in the month of March. As of March 15th, there was short interest totalling 22,300 shares, a decrease of 65.6% from the February 28th total of 64,800 shares. Approximately 1.8% of the shares of the company are sold short. Based on an average trading volume of 1,570,000 shares, the days-to-cover ratio is currently 0.0 days.

Millennium Group International Stock Performance

Shares of NASDAQ:MGIH traded down $0.08 during trading on Friday, reaching $1.49. 32,809 shares of the stock were exchanged, compared to its average volume of 426,038. Millennium Group International has a 12 month low of $1.25 and a 12 month high of $6.83. The stock has a 50-day moving average price of $1.62 and a 200-day moving average price of $1.65. The company has a current ratio of 2.29, a quick ratio of 1.98 and a debt-to-equity ratio of 0.01.

Millennium Group International Company Profile

Millennium Group International Holdings Limited, an investment holding company, provides paper-based packaging solutions in Mainland China, Hong Kong, Vietnam, rest of Southeast Asian countries, Australia, the United States, and internationally. The company offers paper packaging products, including cardboard boxes, gift boxes, displays, corrugated outer cartons, manuals, and user guides to footwear products, sportswear, cookware and kitchenware, smartphones, food and beverage, paper and packaging, non-food-and-beverage-consumables, logistics, e-commerce, and home electronics industries; and packaging solutions to various luxury products industries.