Short Interest in Masonglory Limited (NASDAQ:MSGY) Grows By 204.6%

Masonglory Limited (NASDAQ:MSGY) was the target of a significant growth in short interest in the month of May. As of May 15th, there was short interest totaling 167,382 shares, a growth of 204.6% from the April 30th total of 54,959 shares. Approximately 1.2% of the company’s shares are sold short. Based on an average daily trading volume, of 1,305,785 shares, the short-interest ratio is presently 0.1 days.

Masonglory Price Performance

Shares of MSGY opened at $0.46 on Friday. The company’s 50 day simple moving average is $0.48 and its 200 day simple moving average is $1.48. Masonglory has a 1 year low of $0.36 and a 1 year high of $22.20.

Masonglory (NASDAQ:MSGY) last announced its quarterly earnings data on Tuesday, March 31st. The company reported $0.00 earnings per share (EPS) for the quarter. The firm had revenue of $4.70 million for the quarter.

Hedge Funds Weigh In On Masonglory

An institutional investor recently raised its position in Masonglory stock. Quadrature Capital Ltd lifted its position in shares of Masonglory Limited (NASDAQ:MSGY) by 501.6% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 191,209 shares of the company’s stock after buying an additional 159,428 shares during the period. Quadrature Capital Ltd owned 1.34% of Masonglory worth $507,000 as of its most recent SEC filing.

Masonglory Company Profile

Masonglory Limited is a subcontractor providing wet trades and related ancillary services to private and public sectors. Masonglory Limited is based in Hong Kong.