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

MGO Global, Inc. (NASDAQ:MGOL) was the target 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 daily trading volume, of 1,710,000 shares, the days-to-cover ratio is currently 1.1 days.

MGO Global Stock Performance

NASDAQ MGOL opened at $0.17 on Wednesday. MGO Global has a fifty-two week low of $0.16 and a fifty-two week high of $18.30. The business has a 50 day moving average price of $1.27 and a two-hundred day moving average price of $2.46.

MGO Global Company Profile

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.