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MOGU Inc. Sponsored ADR (NYSE:MOGU) Sees Large Increase in Short Interest
['Defense World Staff']
Defense World
Sponsored ADR (NYSE:MOGU – Get Free Report) 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.
The stock has a 50-day moving average price of $2.82 and a two-hundred day moving average price of $2.41.
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