Magic Empire Global Limited (NASDAQ:MEGL) Sees Large Decline in Short Interest

Magic Empire Global Limited (NASDAQ:MEGL) was the recipient of a significant drop in short interest in September. As of September 15th, there was short interest totalling 3,900 shares, a drop of 72.1% from the August 31st total of 14,000 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 98,000 shares, the short-interest ratio is currently 0.0 days.

Magic Empire Global Trading Up 1.8 %

Shares of NASDAQ:MEGL traded up 0.01 during midday trading on Friday, hitting 0.53. 985,500 shares of the company’s stock were exchanged, compared to its average volume of 203,376. The stock has a 50 day moving average price of 0.48 and a 200-day moving average price of 0.57. Magic Empire Global has a 12 month low of 0.41 and a 12 month high of 1.47.

Magic Empire Global Company Profile

Magic Empire Global Limited engages in the provision of corporate finance advisory services and underwriting services in Hong Kong. The company provides initial public offering sponsorship, financial and independent financial advisory, post-listing compliance advisory, and underwriting services by acting as global coordinator, bookrunner, lead manager, or underwriter.