Millennium Group International Holdings Limited (NASDAQ:MGIH) Short Interest Up 3,800.0% in October

Millennium Group International Holdings Limited (NASDAQ:MGIH) was the recipient of a significant increase in short interest during the month of October. As of October 15th, there was short interest totalling 3,900 shares, an increase of 3,800.0% from the September 30th total of 100 shares. Currently, 0.3% of the company’s stock are short sold. Based on an average daily volume of 25,300 shares, the days-to-cover ratio is presently 0.2 days.

Millennium Group International Trading Down 0.6 %

MGIH stock traded down $0.01 on Friday, reaching $1.69. 12,947 shares of the company’s stock were exchanged, compared to its average volume of 530,944. The stock has a fifty day moving average of $1.70 and a 200-day moving average of $1.54. Millennium Group International has a twelve month low of $0.89 and a twelve month high of $9.57.

About Millennium Group International

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.