Masonglory Limited (NASDAQ:MSGY) Stock Short Interest Declines 79.7%

Masonglory Limited (NASDAQ:MSGY) saw a large decrease in short interest in the month of October. As of October 15th, there was short interest totaling 89,661 shares, a decrease of 79.7% from the September 30th total of 442,628 shares. Based on an average trading volume of 378,710 shares, the short-interest ratio is currently 0.2 days. Currently, 5.0% of the shares of the stock are short sold.

Analyst Ratings Changes

Separately, Weiss Ratings upgraded shares of Masonglory from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Tuesday. One research analyst has rated the stock with a Sell rating. Based on data from MarketBeat, Masonglory presently has a consensus rating of “Sell”.

Masonglory Price Performance

NASDAQ:MSGY traded down $0.10 during trading hours on Wednesday, hitting $3.96. 368,477 shares of the company traded hands, compared to its average volume of 2,804,796. Masonglory has a one year low of $1.73 and a one year high of $52.80. The firm’s 50-day simple moving average is $2.86 and its 200-day simple moving average is $5.54.

Masonglory (NASDAQ:MSGY) last posted its quarterly earnings results on Thursday, July 30th. The company reported ($2.28) earnings per share for the quarter. The company had revenue of $7.08 million for the quarter.

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.