Magic Empire Global Limited (NASDAQ:MEGL) Short Interest Update

Magic Empire Global Limited (NASDAQ:MEGL) was the recipient of a large drop in short interest in 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 presently 0.0 days. Approximately 0.0% of the shares of the stock are short sold.

Magic Empire Global Stock Performance

Shares of NASDAQ:MEGL traded up 0.01 on Friday, hitting 0.53. The company’s stock had a trading volume of 985,500 shares, compared to its average volume of 203,376. The company has a 50-day simple moving average of 0.48 and a 200 day simple moving average of 0.57. Magic Empire Global has a 1 year low of 0.41 and a 1 year high of 1.47.

Magic Empire Global Company Profile

Magic Empire Global Limited engages in the provision of corporate finance advisory services and underwriting services in Hong Kong. The company provides initial public offering sponsorship, financial and independent financial advisory, post-listing compliance advisory, and underwriting services by acting as global coordinator, bookrunner, lead manager, or underwriter.