Magic Empire Global Limited (NASDAQ:MEGL – Get Free Report) was the target of a large increase in short interest during the month of October. As of October 15th, there was short interest totalling 237,800 shares, an increase of 187.2% from the September 30th total of 82,800 shares. Based on an average daily volume of 238,700 shares, the short-interest ratio is presently 1.0 days. Currently, 2.5% of the shares of the stock are sold short.
Magic Empire Global Stock Performance
Shares of MEGL stock opened at 0.48 on Friday. Magic Empire Global has a twelve month low of 0.41 and a twelve month high of 1.47. The stock’s fifty day simple moving average is 0.49 and its 200 day simple moving average is 0.55.
Magic Empire Global Company Profile
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