MGO Global, Inc. (NASDAQ:MGOL) Sees Large Growth in Short Interest

MGO Global, Inc. (NASDAQ:MGOLGet Free Report) was the recipient of a large increase in short interest in the month of January. As of January 15th, there was short interest totalling 1,920,000 shares, an increase of 7,610.8% from the December 31st total of 24,900 shares. Based on an average trading volume of 1,710,000 shares, the short-interest ratio is currently 1.1 days.

MGO Global Trading Down 41.2 %

NASDAQ MGOL traded down $0.12 during midday trading on Tuesday, hitting $0.17. The company had a trading volume of 36,384,057 shares, compared to its average volume of 7,259,224. The company has a market capitalization of $482,270.00, a PE ratio of -0.04 and a beta of 7.52. The firm has a 50-day moving average price of $1.27 and a 200-day moving average price of $2.46. MGO Global has a twelve month low of $0.16 and a twelve month high of $18.30.

MGO Global Company Profile

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MGO Global, Inc operates as a lifestyle brand portfolio company. The company is involved in the fashion design, brand development and management, sourcing and manufacturing, licensing, IP protection, corporate finance, consumer engagement and experience, ecommerce, and retail sales and marketing activities related to the Messi brand.

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