Masonglory Limited (NASDAQ:MSGY) Sees Significant Decrease in Short Interest

Masonglory Limited (NASDAQ:MSGY – Get Free Report) was the target of a large decrease in short interest in the month of October. As of October 15th, there was short interest totaling 89,661 shares, a decrease of 79.7% from the September 30th total of 442,628 shares. Based on an average daily trading volume, of 378,710 shares, the days-to-cover ratio is currently 0.2 days. Currently, 5.0% of the company’s stock are short sold.

Masonglory Trading Up 27.8%

Shares of NASDAQ MSGY opened at $3.49 on Tuesday. The company has a 50-day moving average price of $2.79 and a 200-day moving average price of $5.81. Masonglory has a 1 year low of $1.73 and a 1 year high of $52.80.

Masonglory (NASDAQ:MSGY – Get Free Report) last posted its earnings results on Thursday, July 30th. The company reported ($2.28) EPS for the quarter. The firm had revenue of $7.08 million for the quarter.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings cut Masonglory from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Monday, October 12th. One research analyst has rated the stock with a Sell rating. Based on data from MarketBeat, Masonglory presently has an average rating of “Sell”.

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