MGO Global, Inc. (NASDAQ:MGOL) Short Interest Up 7,610.8% in January

MGO Global, Inc. (NASDAQ:MGOL) was the recipient of a significant growth in short interest in the month of January. As of January 15th, there was short interest totalling 1,920,000 shares, a growth of 7,610.8% from the December 31st total of 24,900 shares. Based on an average daily volume of 1,710,000 shares, the short-interest ratio is currently 1.1 days.

MGO Global Stock Performance

MGOL stock traded up $0.02 during trading on Thursday, reaching $0.12. 166,020,777 shares of the company traded hands, compared to its average volume of 19,074,590. The company has a market capitalization of $342,200.00, a price-to-earnings ratio of -0.03 and a beta of 7.52. The business has a 50 day simple moving average of $1.22 and a 200 day simple moving average of $2.44. MGO Global has a 12 month low of $0.10 and a 12 month high of $18.30.

MGO Global Company Profile

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.