Millennium Group International Holdings Limited (NASDAQ:MGIH) Short Interest Up 25.0% in November

Millennium Group International Holdings Limited (NASDAQ:MGIH) was the target of a significant growth in short interest during the month of November. As of November 15th, there was short interest totalling 5,000 shares, a growth of 25.0% from the October 31st total of 4,000 shares. Approximately 0.4% of the company’s stock are sold short. Based on an average daily trading volume, of 23,000 shares, the short-interest ratio is presently 0.2 days.

Millennium Group International Stock Performance

Shares of NASDAQ MGIH opened at $1.54 on Monday. The firm’s 50 day moving average price is $1.65 and its 200-day moving average price is $1.56. Millennium Group International has a 52-week low of $0.93 and a 52-week high of $9.57. The company has a current ratio of 2.29, a quick ratio of 1.98 and a debt-to-equity ratio of 0.01.

Millennium Group International Company Profile

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.