Mogo Inc. (NASDAQ:MOGO) Short Interest Update

Mogo Inc. (NASDAQ:MOGO) saw a large decrease in short interest in the month of November. As of November 30th, there was short interest totalling 31,600 shares, a decrease of 21.0% from the November 15th total of 40,000 shares. Approximately 0.2% of the shares of the company are sold short. Based on an average daily volume of 85,000 shares, the days-to-cover ratio is presently 0.4 days.

Mogo Price Performance

Shares of MOGO remained flat at $1.36 during midday trading on Friday. The stock had a trading volume of 67,673 shares, compared to its average volume of 68,065. Mogo has a one year low of $0.94 and a one year high of $2.25. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.44 and a quick ratio of 1.44. The company’s 50 day moving average price is $1.25 and its two-hundred day moving average price is $1.33. The company has a market cap of $33.28 million, a PE ratio of -2.89 and a beta of 2.95.

Wall Street Analyst Weigh In

Separately, HC Wainwright reaffirmed a “buy” rating and set a $6.00 price objective on shares of Mogo in a research report on Thursday, November 7th.

Mogo Company Profile

Mogo Inc operates as a digital finance company in Canada, Europe, and internationally. The company's digital solutions help build wealth and achieve financial freedom. It provides MogoTrade, a stock trading app; Moka; and MogoMoney that provides online personal loans. The company also offers digital loans and mortgages; and operates a digital payments platform that powers next-generation card programs for both global corporations and fintech companies in Europe and Canada.