Short Interest in Masonglory Limited (NASDAQ:MSGY) Declines By 68.3%

Masonglory Limited (NASDAQ:MSGY) was the recipient of a large decline in short interest in February. As of February 13th, there was short interest totaling 98,803 shares, a decline of 68.3% from the January 29th total of 311,960 shares. Currently, 0.7% of the shares of the stock are short sold. Based on an average daily volume of 274,917 shares, the short-interest ratio is currently 0.4 days. Based on an average daily volume of 274,917 shares, the short-interest ratio is currently 0.4 days. Currently, 0.7% of the shares of the stock are short sold.

Analyst Ratings Changes

Separately, Weiss Ratings reissued a “sell (e-)” rating on shares of Masonglory in a research note on Monday, December 29th. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, Masonglory presently has a consensus rating of “Sell”.

Masonglory Price Performance

MSGY stock traded up $0.04 during midday trading on Thursday, reaching $0.60. The company had a trading volume of 46,944 shares, compared to its average volume of 1,335,015. The firm has a 50-day moving average price of $2.27 and a 200-day moving average price of $5.34. Masonglory has a 1 year low of $0.40 and a 1 year high of $22.20.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Masonglory stock. Quadrature Capital Ltd raised its position in shares of Masonglory Limited (NASDAQ:MSGY) by 501.6% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 191,209 shares of the company’s stock after purchasing an additional 159,428 shares during the period. Quadrature Capital Ltd owned approximately 1.34% of Masonglory worth $507,000 at the end of the most recent reporting period.

Masonglory Company Profile

Masonglory Limited is a subcontractor providing wet trades and related ancillary services to private and public sectors. Masonglory Limited is based in Hong Kong.