The Marygold Companies, Inc. (NYSEAMERICAN:MGLD) Sees Significant Decline in Short Interest

The Marygold Companies, Inc. (NYSEAMERICAN:MGLD) was the recipient of a significant decrease in short interest in June. As of June 30th, there was short interest totalling 36,600 shares, a decrease of 16.2% from the June 15th total of 43,700 shares. Based on an average daily volume of 12,800 shares, the short-interest ratio is presently 2.9 days. Currently, 0.5% of the shares of the stock are sold short.

Marygold Companies Stock Performance

Marygold Companies stock remained flat at $1.20 during trading hours on Friday. 7,892 shares of the company’s stock traded hands, compared to its average volume of 10,168. Marygold Companies has a 1 year low of $0.78 and a 1 year high of $1.92.

Marygold Companies (NYSEAMERICAN:MGLD) last released its quarterly earnings results on Monday, May 13th. The company reported ($0.01) EPS for the quarter. The firm had revenue of $7.88 million for the quarter.

About Marygold Companies

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.