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

Masonglory Limited (NASDAQ:MSGY) saw a large drop in short interest in March. As of March 13th, there was short interest totaling 100,164 shares, a drop of 16.0% from the February 26th total of 119,278 shares. Approximately 0.7% of the company’s stock are short sold. Based on an average trading volume of 326,835 shares, the days-to-cover ratio is currently 0.3 days.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “sell (e-)” rating on shares of Masonglory in a report on Monday, December 29th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company currently has a consensus rating of “Sell”.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Masonglory stock. Quadrature Capital Ltd grew its stake in shares of Masonglory Limited (NASDAQ:MSGY) by 501.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 191,209 shares of the company’s stock after acquiring an additional 159,428 shares during the period. Quadrature Capital Ltd owned 1.34% of Masonglory worth $507,000 at the end of the most recent quarter.

Masonglory Price Performance

NASDAQ:MSGY opened at $0.49 on Monday. Masonglory has a 1-year low of $0.36 and a 1-year high of $22.20. The firm has a fifty day simple moving average of $1.25 and a 200 day simple moving average of $3.41.

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.