Millennium Group International Holdings Limited (NASDAQ:MGIH) Short Interest Update

Millennium Group International Holdings Limited (NASDAQ:MGIH) saw a significant increase in short interest in October. As of October 15th, there was short interest totalling 3,900 shares, an increase of 3,800.0% from the September 30th total of 100 shares. Currently, 0.3% of the shares of the company are sold short. Based on an average daily volume of 25,300 shares, the days-to-cover ratio is presently 0.2 days.

Millennium Group International Stock Performance

MGIH traded down $0.01 during trading on Friday, reaching $1.69. 12,947 shares of the company were exchanged, compared to its average volume of 530,944. Millennium Group International has a 12-month low of $0.89 and a 12-month high of $9.57. The company’s 50-day moving average is $1.70 and its two-hundred day moving average is $1.54.

Millennium Group International Company Profile

Millennium Group International Holdings Limited, an investment holding company, provides paper-based packaging solutions in Mainland China, Hong Kong, Vietnam, rest of Southeast Asian countries, Australia, the United States, and internationally. The company offers paper packaging products, including cardboard boxes, gift boxes, displays, corrugated outer cartons, manuals, and user guides to footwear products, sportswear, cookware and kitchenware, smartphones, food and beverage, paper and packaging, non-food-and-beverage-consumables, logistics, e-commerce, and home electronics industries; and packaging solutions to various luxury products industries.