Magic Empire Global Limited (NASDAQ:MEGL) Sees Large Decline in Short Interest

Magic Empire Global Limited (NASDAQ:MEGL – Get Free Report) was the target of a large drop in short interest during the month of September. As of September 15th, there was short interest totalling 3,900 shares, a drop of 72.1% from the August 31st total of 14,000 shares. Based on an average trading volume of 98,000 [...]

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Magic Empire Global Limited ( NASDAQ:MEGL – Get Free Report ) was the target of a large drop in short interest during the month of September. As of September 15th, there was short interest totalling 3,900 shares, a drop of 72.1% from the August 31st total of 14,000 shares.

Based on an average trading volume of 98,000 shares, the short-interest ratio is currently 0.0 days. Approximately 0.



0% of the company’s shares are short sold. Magic Empire Global Trading Up 1.8 % NASDAQ MEGL traded up 0.

01 during trading hours on Friday, reaching 0.53. 985,500 shares of the company’s stock traded hands, compared to its average volume of 203,376.

Magic Empire Global has a 52-week low of 0.41 and a 52-week high of 1.47.

The firm has a 50-day simple moving average of 0.48 and a 200 day simple moving average of 0.57.

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