The Marygold Companies, Inc. (NYSEAMERICAN:MGLD – Get Free Report) was the recipient of a large growth in short interest during the month of July. As of July 15th, there was short interest totaling 20,300 shares, agrowthof88.0% from the June 30th total of 10,800 shares. Currently,0.2% of the shares of the stock are short sold. Based on an average daily trading volume, of 9,300 shares, the short-interest ratio is presently 2.2 days. Based on an average daily trading volume, of 9,300 shares, the short-interest ratio is presently 2.2 days. Currently,0.2% of the shares of the stock are short sold.
Insider Activity at Marygold Companies
In other Marygold Companies news, CEO & Melinda Gerber Livi Nicholas purchased 50,000 shares of the firm’s stock in a transaction on Friday, June 20th. The shares were purchased at an average cost of $1.00 per share, with a total value of $50,000.00. Following the completion of the purchase, the chief executive officer owned 18,690,773 shares of the company’s stock, valued at $18,690,773. The trade was a 0.27% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.
Marygold Companies Stock Down 0.3%
Shares of NYSEAMERICAN:MGLD opened at $0.82 on Wednesday. The company has a 50-day moving average price of $0.86 and a 200-day moving average price of $1.05. Marygold Companies has a 12 month low of $0.70 and a 12 month high of $2.10.
Marygold Companies Company Profile
The Marygold Companies, Inc, through its subsidiaries, engages in investment fund management, beauty products, food products, financial services, and security alarm systems businesses in the United States, the United Kingdom, New Zealand, Australia, and Canada. It operates as an investment advisor to exchange traded funds and exchange traded products organized as limited partnerships or investment trusts.
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