Short Interest in Masonglory Limited (NASDAQ:MSGY) Expands By 284.6%

Masonglory Limited (NASDAQ:MSGY) saw a large growth in short interest in the month of January. As of January 15th, there was short interest totaling 251,149 shares, a growth of 284.6% from the December 31st total of 65,297 shares. Based on an average trading volume of 798,244 shares, the days-to-cover ratio is presently 0.3 days. Approximately 1.8% of the shares of the company are sold short. Approximately 1.8% of the shares of the company are sold short. Based on an average trading volume of 798,244 shares, the days-to-cover ratio is presently 0.3 days.

Key Headlines Impacting Masonglory

Here are the key news stories impacting Masonglory this week:

• Neutral Sentiment: Multiple LULD pauses on Jan. 28 and Jan. 29 drove repeated trading interruptions, indicating large, rapid price moves triggered exchange volatility controls. Frequent halts limit continuous trading and can exacerbate intraday swings and uncertainty for traders and liquidity providers.
• Neutral Sentiment: High volume and price context: today’s trading volume was well above average (several million shares vs. ~2.3M average) and the stock is trading near its 12‑month low while well below its 50‑day average — a combination that reflects heavy selling/volatility pressure and increased investor attention.
• Negative Sentiment: Sharp rise in short interest: as of Jan. 15 short interest jumped ~285% vs. Dec. 31 to 251,149 shares (about 1.8% of shares outstanding). That signals a larger bearish bet against MSGY; although days‑to‑cover is low (~0.3 days), meaning short positions are small relative to daily volume and unlikely to create a major short‑squeeze, the increase in shorting likely contributes to downward pressure on the stock.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated a “sell (e-)” rating on shares of Masonglory in a research note on Monday, December 29th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Masonglory currently has an average rating of “Sell”.

Masonglory Stock Performance

Shares of MSGY traded down $1.25 during midday trading on Thursday, reaching $0.80. 5,447,289 shares of the stock were exchanged, compared to its average volume of 1,911,204. The firm has a 50 day moving average of $3.05. Masonglory has a twelve month low of $0.70 and a twelve month high of $22.20.

About Masonglory

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