Short Interest in Masonglory Limited (NASDAQ:MSGY) Grows By 204.6%

Masonglory Limited (NASDAQ:MSGY) saw a significant growth in short interest in the month of May. As of May 15th, there was short interest totaling 167,382 shares, a growth of 204.6% from the April 30th total of 54,959 shares. Based on an average daily trading volume, of 1,305,785 shares, the days-to-cover ratio is presently 0.1 days. Currently, 1.2% of the shares of the stock are short sold.

Institutional Trading of Masonglory

An institutional investor recently raised its position in Masonglory stock. Quadrature Capital Ltd raised its holdings in Masonglory Limited (NASDAQ:MSGY) by 501.6% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). 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 1.34% of Masonglory worth $507,000 at the end of the most recent reporting period.

Masonglory Stock Performance

Shares of MSGY opened at $0.46 on Friday. The firm’s 50-day moving average is $0.48 and its two-hundred day moving average is $1.48. Masonglory has a twelve month low of $0.36 and a twelve month high of $22.20.

Masonglory (NASDAQ:MSGY) last issued its earnings results on Tuesday, March 31st. The company reported $0.00 earnings per share for the quarter. The company had revenue of $4.70 million for the quarter.

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.