The Marygold Companies, Inc. (NYSEAMERICAN:MGLD) Short Interest Update

The Marygold Companies, Inc. (NYSEAMERICAN:MGLD) was the recipient of a significant increase in short interest in the month of February. As of February 28th, there was short interest totalling 107,500 shares, an increase of 28.1% from the February 13th total of 83,900 shares. Based on an average daily volume of 33,400 shares, the short-interest ratio is presently 3.2 days. Approximately 1.1% of the shares of the stock are short sold.

Marygold Companies Price Performance

MGLD stock traded up $0.02 during trading on Tuesday, hitting $1.05. The company had a trading volume of 10,567 shares, compared to its average volume of 37,040. The company has a 50-day simple moving average of $1.31. Marygold Companies has a 12 month low of $0.91 and a 12 month high of $2.10.

Insiders Place Their Bets

In other news, CEO & Melinda Gerber Livi Nicholas bought 42,149 shares of the business’s stock in a transaction dated Friday, December 20th. The stock was bought at an average price of $1.72 per share, for a total transaction of $72,496.28. Following the completion of the purchase, the chief executive officer now owns 18,510,915 shares of the company’s stock, valued at approximately $31,838,773.80. The trade was a 0.23 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Marygold Companies Company Profile

The Marygold Companies, Inc, through its subsidiaries, engages in investment fund management, beauty products, food products, financial services, and security alarm systems businesses in the United States, the United Kingdom, New Zealand, Australia, and Canada. It operates as an investment advisor to exchange traded funds and exchange traded products organized as limited partnerships or investment trusts.