MOGU Inc. (NYSE:MOGU) Short Interest Update

MOGU Inc. (NYSE:MOGU) was the recipient of a large decline in short interest in the month of June. As of June 30th, there was short interest totalling 451,900 shares, a decline of 24.7% from the June 15th total of 600,300 shares. Currently, 0.5% of the company’s shares are short sold. Based on an average daily trading volume, of 146,800 shares, the short-interest ratio is currently 3.1 days.

Shares of MOGU opened at $1.30 on Thursday. The stock has a market cap of $114.25 million, a price-to-earnings ratio of -2.36 and a beta of 0.78. MOGU has a 12-month low of $1.20 and a 12-month high of $4.72. The firm has a 50-day moving average of $1.58.

MOGU (NYSE:MOGU) last issued its quarterly earnings results on Friday, May 28th. The company reported ($0.12) earnings per share (EPS) for the quarter. The business had revenue of $13.87 million for the quarter. MOGU had a negative return on equity of 4.65% and a negative net margin of 67.82%.

A number of large investors have recently modified their holdings of MOGU. Renaissance Technologies LLC increased its stake in MOGU by 242.3% during the first quarter. Renaissance Technologies LLC now owns 549,686 shares of the company’s stock worth $1,066,000 after purchasing an additional 389,086 shares during the period. Dimensional Fund Advisors LP purchased a new stake in MOGU during the fourth quarter worth about $160,000. Finally, Penserra Capital Management LLC increased its stake in MOGU by 200.5% during the fourth quarter. Penserra Capital Management LLC now owns 64,096 shares of the company’s stock worth $139,000 after purchasing an additional 42,766 shares during the period. Institutional investors own 24.44% of the company’s stock.

About MOGU

MOGU Inc, through its subsidiaries, engages in the online fashion and lifestyle business in the People's Republic of China. The company operates an online platform that primarily offers a range of fashion apparel and other products, including beauty products and accessories provided by third party merchants.

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