Masonglory Limited (NASDAQ:MSGY) Short Interest Update

by · The Cerbat Gem

Masonglory Limited (NASDAQ:MSGY – Get Free Report) saw a significant decrease in short interest in February. As of February 13th, there was short interest totaling 98,803 shares, a decrease of 68.3% from the January 29th total of 311,960 shares. Approximately 0.7% of the shares of the stock are sold short. Based on an average daily volume of 274,917 shares, the days-to-cover ratio is currently 0.4 days. Based on an average daily volume of 274,917 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.7% of the shares of the stock are sold short.

Masonglory Stock Down 4.2%

Shares of NASDAQ:MSGY traded down $0.02 on Friday, hitting $0.54. 56,058 shares of the company’s stock were exchanged, compared to its average volume of 354,627. Masonglory has a 12 month low of $0.40 and a 12 month high of $22.20. The business’s 50 day simple moving average is $2.18 and its two-hundred day simple moving average is $5.23.

Hedge Funds Weigh In On Masonglory

A hedge fund recently raised its stake in Masonglory stock. Quadrature Capital Ltd grew its stake in shares of Masonglory Limited (NASDAQ:MSGY – Free Report) by 501.6% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 191,209 shares of the company’s stock after acquiring an additional 159,428 shares during the period. Quadrature Capital Ltd owned about 1.34% of Masonglory worth $507,000 at the end of the most recent quarter.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated a “sell (e-)” rating on shares of Masonglory in a report on Monday, December 29th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company currently has a consensus rating of “Sell”.

Read Our Latest Report on MSGY

Masonglory Company Profile

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Masonglory Limited is a subcontractor providing wet trades and related ancillary services to private and public sectors. Masonglory Limited is based in Hong Kong.

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