The Marygold Companies, Inc. (NYSEAMERICAN:MGLD) Stock Short Interest Declines 81.8%

The Marygold Companies, Inc. (NYSEAMERICAN:MGLD) was the target of a significant decrease in short interest in the month of October. As of October 15th, there was short interest totaling 35,599 shares, a decrease of 81.8% from the September 30th total of 196,069 shares. Based on an average trading volume of 88,990 shares, the short-interest ratio is presently 0.4 days.

Marygold Companies Price Performance

Shares of NYSEAMERICAN:MGLD remained flat at $1.97 during trading on Thursday. The stock had a trading volume of 4,398 shares, compared to its average volume of 198,810. Marygold Companies has a 52-week low of $0.84 and a 52-week high of $2.12. The stock has a fifty day simple moving average of $1.47 and a 200-day simple moving average of $1.20.

Marygold Companies (NYSEAMERICAN:MGLD) last announced its quarterly earnings results on Friday, September 18th. The company reported ($0.08) earnings per share for the quarter. The company had revenue of $6.93 million during the quarter.

Institutional Trading of Marygold Companies

A hedge fund recently bought a new stake in Marygold Companies stock. BlackRock Inc. bought a new stake in The Marygold Companies, Inc. (NYSEAMERICAN:MGLD) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 33,287 shares of the company’s stock, valued at approximately $40,000.

About Marygold Companies

Marygold Companies, Inc (NYSE American: MGLD) is a financial services holding company focused on developing and operating businesses under the Marygold & Co brand. The company aims to provide accessible, technology-enabled financial solutions designed to simplify investing, saving and wealth management for individuals.

Its principal business is Marygold & Co, a digital wealth management and financial services platform that offers investment-related products and services through online and mobile channels.