MOGU Inc. Sponsored ADR (NYSE:MOGU) Sees Large Increase in Short Interest

MOGU Inc. Sponsored ADR (NYSE:MOGU) was the target of a significant increase in short interest in the month of September. As of September 15th, there was short interest totaling 576,000 shares, an increase of 575,900.0% from the August 31st total of 100 shares. Based on an average daily volume of 1,140,000 shares, the short-interest ratio is presently 0.5 days. Approximately 8.1% of the company’s shares are sold short. Approximately 8.1% of the company’s shares are sold short. Based on an average daily volume of 1,140,000 shares, the short-interest ratio is presently 0.5 days.

MOGU Price Performance

NYSE:MOGU opened at $3.37 on Thursday. MOGU has a 1 year low of $1.83 and a 1 year high of $8.10. The stock has a 50-day moving average price of $2.82 and a two-hundred day moving average price of $2.41.

MOGU Company Profile

MOGU Inc, through its subsidiaries, engages in the online fashion and lifestyle business in the People's Republic of China. The company operates an online platform that primarily offers a range of fashion apparel and other products, including beauty products and accessories provided by third party merchants, as well as personal care, food, and medical beauty products.