MOGU Inc. (NYSE:MOGU) Sees Significant Decrease in Short Interest

MOGU Inc. (NYSE:MOGU) was the recipient of a large decrease in short interest during the month of February. As of February 15th, there was short interest totalling 14,900 shares, a decrease of 22.4% from the January 31st total of 19,200 shares. Currently, 0.2% of the shares of the company are sold short. Based on an average daily volume of 7,300 shares, the days-to-cover ratio is presently 2.0 days.

MOGU Trading Down 4.6 %

NYSE:MOGU opened at $2.27 on Tuesday. The company has a fifty day moving average price of $2.34 and a 200 day moving average price of $2.21. MOGU has a one year low of $1.62 and a one year high of $3.58.

MOGU Company Profile

MOGU Inc, through its subsidiaries, engages in the online fashion and lifestyle business in the People's Republic of China. The company operates an online platform that primarily offers a range of fashion apparel and other products, including beauty products and accessories provided by third party merchants, as well as personal care, food, and medical beauty products.