Masonglory Limited (NASDAQ:MSGY) Sees Significant Decrease in Short Interest

Masonglory Limited (NASDAQ:MSGY – Get Free Report) saw a large decline in short interest during the month of October. As of October 15th, there was short interest totaling 89,661 shares, a decline of 79.7% from the September 30th total of 442,628 shares. Currently, 5.0% of the shares of the company are sold short. Based on an average daily trading volume, of 378,710 shares, the days-to-cover ratio is currently 0.2 days.

Analysts Set New Price Targets

Separately, Weiss Ratings cut Masonglory from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Monday, October 12th. One research analyst has rated the stock with a Sell rating. Based on data from MarketBeat, the stock currently has a consensus rating of “Sell”.

Check Out Our Latest Analysis on MSGY

Masonglory Stock Up 27.8%

Masonglory stock opened at $3.49 on Tuesday. Masonglory has a one year low of $1.73 and a one year high of $52.80. The business has a fifty day moving average price of $2.79 and a 200-day moving average price of $5.81.

Masonglory (NASDAQ:MSGY – Get Free Report) last released its quarterly earnings data on Thursday, July 30th. The company reported ($2.28) earnings per share (EPS) for the quarter. The company had revenue of $7.08 million during the quarter.

Masonglory Company Profile

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