Short Interest in MOGU Inc. (NYSE:MOGU) Decreases By 21.3%

MOGU Inc. (NYSE:MOGU) was the target of a large decline in short interest in the month of March. As of March 31st, there was short interest totalling 10,700 shares, a decline of 21.3% from the March 15th total of 13,600 shares. Currently, 0.2% of the shares of the company are short sold. Based on an average trading volume of 13,200 shares, the days-to-cover ratio is currently 0.8 days.

MOGU Stock Up 1.9 %

NYSE:MOGU traded up $0.04 during trading hours on Monday, reaching $2.17. 9,393 shares of the company’s stock were exchanged, compared to its average volume of 19,372. MOGU has a 1-year low of $1.75 and a 1-year high of $3.58. The company has a 50-day moving average of $2.11 and a 200 day moving average of $2.20.

About MOGU

MOGU Inc, through its subsidiaries, engages in the online fashion and lifestyle business in the People's Republic of China. The company operates an online platform that primarily offers a range of fashion apparel and other products, including beauty products and accessories provided by third party merchants, as well as personal care, food, and medical beauty products.