Short Interest in MGO Global, Inc. (NASDAQ:MGOL) Declines By 36.4%

MGO Global, Inc. (NASDAQ:MGOL) was the recipient of a large decline in short interest in the month of November. As of November 30th, there was short interest totalling 21,500 shares, a decline of 36.4% from the November 15th total of 33,800 shares. Approximately 1.3% of the shares of the company are short sold. Based on an average daily trading volume, of 76,300 shares, the days-to-cover ratio is currently 0.3 days.

MGO Global Stock Down 6.3 %

NASDAQ:MGOL traded down $0.14 during trading hours on Friday, reaching $2.10. The company had a trading volume of 15,380 shares, compared to its average volume of 992,016. The firm has a market capitalization of $6.10 million, a PE ratio of -0.46 and a beta of 6.88. MGO Global has a one year low of $1.91 and a one year high of $18.30. The stock has a 50-day moving average of $2.44 and a two-hundred day moving average of $3.52.

About MGO Global

MGO Global, Inc operates as a lifestyle brand portfolio company. The company is involved in the fashion design, brand development and management, sourcing and manufacturing, licensing, IP protection, corporate finance, consumer engagement and experience, ecommerce, and retail sales and marketing activities related to the Messi brand.