Masonglory Limited (NASDAQ:MSGY) Stock Short Interest Rises 253.0%

Masonglory Limited (NASDAQ:MSGY) saw a significant growth in short interest during the month of September. As of September 30th, there was short interest totaling 442,628 shares, a growth of 253.0% from the September 15th total of 125,381 shares. Based on an average daily trading volume, of 9,715,897 shares, the short-interest ratio is presently 0.0 days. Approximately 24.9% of the shares of the company are sold short.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings upgraded Masonglory from a “sell (e+)” rating to a “sell (d-)” rating in a report on Friday, September 25th. One analyst has rated the stock with a Sell rating. According to data from MarketBeat.com, the stock has an average rating of “Sell”.

Masonglory Stock Down 25.6%

Shares of MSGY traded down $0.93 during mid-day trading on Monday, hitting $2.70. 959,489 shares of the company traded hands, compared to its average volume of 5,490,815. The stock has a 50-day moving average price of $2.78 and a two-hundred day moving average price of $3.44. Masonglory has a 1 year low of $1.73 and a 1 year high of $52.80.

Masonglory (NASDAQ:MSGY) last issued its earnings results on Thursday, July 30th. The company reported ($2.28) earnings per share (EPS) for the quarter. The company had revenue of $7.08 million for the quarter.

Masonglory Company Profile