Megaworld Co. (OTCMKTS:MGAWY) Short Interest Update

Megaworld Co. (OTCMKTS:MGAWYGet Rating) was the target of a significant growth in short interest in May. As of May 15th, there was short interest totalling 2,200 shares, a growth of 340.0% from the April 30th total of 500 shares. Based on an average trading volume of 2,500 shares, the short-interest ratio is currently 0.9 days.

MGAWY traded up $0.09 on Friday, hitting $10.44. 2,221 shares of the company were exchanged, compared to its average volume of 1,671. Megaworld has a 12 month low of $9.49 and a 12 month high of $14.01. The stock’s fifty day moving average is $10.89 and its 200-day moving average is $11.92.

Megaworld Company Profile (Get Rating)

Megaworld Corporation, together with its subsidiaries, develops, sells, and leases real estate properties in the Philippines. The company operates through Real Estate, Rental, Hotel Operations, and Corporate and Others segments. It develops mixed-use planned communities or townships, including residential, commercial, office, leisure, and entertainment components.

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