Millennium Group International Holdings Limited (NASDAQ:MGIH) Sees Large Decline in Short Interest

Posted by Donna Armstrong on Jul 12th, 2026

Millennium Group International Holdings Limited (NASDAQ:MGIH – Get Free Report) was the recipient of a significant decrease in short interest in June. As of June 30th, there was short interest totaling 2,863 shares, a decrease of 68.2% from the June 15th total of 8,991 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 8,828 shares, the short-interest ratio is currently 0.3 days.

Millennium Group International Price Performance

Shares of Millennium Group International stock traded down $0.16 during trading on Friday, hitting $1.51. 49,592 shares of the company’s stock traded hands, compared to its average volume of 68,358. The business has a 50-day simple moving average of $1.50 and a 200-day simple moving average of $1.46. The company has a current ratio of 1.61, a quick ratio of 1.44 and a debt-to-equity ratio of 0.02. Millennium Group International has a 1 year low of $1.11 and a 1 year high of $4.84.

Millennium Group International (NASDAQ:MGIH – Get Free Report) last released its quarterly earnings data on Thursday, June 25th. The company reported ($0.15) earnings per share for the quarter. The firm had revenue of $5.43 million for the quarter.

Analyst Ratings Changes

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of Millennium Group International in a research report on Monday, May 11th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Sell”.

View Our Latest Stock Report on MGIH

Millennium Group International Company Profile

(Get Free Report)

Millennium Group International Holdings Limited, an investment holding company, provides paper-based packaging solutions in Mainland China, Hong Kong, Vietnam, rest of Southeast Asian countries, Australia, the United States, and internationally. The company offers paper packaging products, including cardboard boxes, gift boxes, displays, corrugated outer cartons, manuals, and user guides to footwear products, sportswear, cookware and kitchenware, smartphones, food and beverage, paper and packaging, non-food-and-beverage-consumables, logistics, e-commerce, and home electronics industries; and packaging solutions to various luxury products industries.