Short Interest in Millennium Group International Holdings Limited (NASDAQ:MGIH) Decreases By 66.7%

by · The Cerbat Gem

Millennium Group International Holdings Limited (NASDAQ:MGIH – Get Free Report) was the target of a large decline in short interest in September. As of September 30th, there was short interest totalling 100 shares, a decline of 66.7% from the September 15th total of 300 shares. Based on an average daily trading volume, of 23,700 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the shares of the stock are sold short.

Millennium Group International Stock Down 0.6 %

Shares of NASDAQ:MGIH traded down $0.01 on Thursday, hitting $1.72. The stock had a trading volume of 3,290 shares, compared to its average volume of 559,341. The company has a quick ratio of 1.92, a current ratio of 2.19 and a debt-to-equity ratio of 0.03. The firm’s 50 day moving average price is $1.63 and its 200-day moving average price is $1.51. Millennium Group International has a twelve month low of $0.89 and a twelve month high of $9.57.

About Millennium Group International

(Get Free Report)

Millennium Group International Holdings Limited, an investment holding company, provides paper-based packaging solutions in Mainland China, Hong Kong, Vietnam, rest of Southeast Asian countries, Australia, the United States, and internationally. The company offers paper packaging products, including cardboard boxes, gift boxes, displays, corrugated outer cartons, manuals, and user guides to footwear products, sportswear, cookware and kitchenware, smartphones, food and beverage, paper and packaging, non-food-and-beverage-consumables, logistics, e-commerce, and home electronics industries; and packaging solutions to various luxury products industries.

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