MOGU Inc. (NYSE:MOGU) Sees Large Decline in Short Interest

MOGU Inc. (NYSE:MOGU) was the target of a significant drop in short interest in the month of November. As of November 30th, there was short interest totalling 1,800 shares, a drop of 41.9% from the November 15th total of 3,100 shares. Based on an average daily trading volume, of 5,600 shares, the short-interest ratio is currently 0.3 days. Approximately 0.0% of the shares of the company are short sold.

MOGU Stock Down 4.9 %

Shares of NYSE MOGU traded down $0.11 during mid-day trading on Thursday, hitting $2.13. The company had a trading volume of 10,946 shares, compared to its average volume of 5,974. The business’s 50-day simple moving average is $2.14 and its 200-day simple moving average is $2.25. MOGU has a 12 month low of $1.62 and a 12 month high of $3.58.

MOGU Company Profile

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, as well as personal care, food, and medical beauty products.