Short Interest in Masonglory Limited (NASDAQ:MSGY) Increases By 20.7%

Masonglory Limited (NASDAQ:MSGY) was the recipient of a significant increase in short interest during the month of February. As of February 27th, there was short interest totaling 119,278 shares, an increase of 20.7% from the February 12th total of 98,803 shares. Based on an average daily volume of 104,996 shares, the short-interest ratio is presently 1.1 days. Currently, 0.8% of the company’s shares are short sold. Currently, 0.8% of the company’s shares are short sold. Based on an average daily volume of 104,996 shares, the short-interest ratio is presently 1.1 days.

Masonglory Price Performance

NASDAQ:MSGY traded up $0.00 on Tuesday, reaching $0.43. The company’s stock had a trading volume of 87,632 shares, compared to its average volume of 1,065,246. Masonglory has a 12-month low of $0.36 and a 12-month high of $22.20. The stock has a 50 day moving average price of $1.70 and a 200 day moving average price of $4.25.

Institutional Trading of Masonglory

A hedge fund recently raised its stake in Masonglory stock. Quadrature Capital Ltd raised its stake in Masonglory Limited (NASDAQ:MSGY) by 501.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 191,209 shares of the company’s stock after buying an additional 159,428 shares during the quarter. Quadrature Capital Ltd owned about 1.34% of Masonglory worth $507,000 at the end of the most recent quarter.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “sell (e-)” rating on shares of Masonglory in a report on Monday, December 29th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Sell”.

About Masonglory

Masonglory Limited is a subcontractor providing wet trades and related ancillary services to private and public sectors. Masonglory Limited is based in Hong Kong.