S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Closing prices for crude oil, gold and other commodities
The Senate passes a reauthorization of a key US surveillance program just after a midnight deadline
Comprehensive Analysis of PayPal Stock
Crews turn sights to removing debris from ship's deck in Baltimore bridge collapse cleanup
MarketBeat Week in Review – 4/15 - 4/19
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Closing prices for crude oil, gold and other commodities
The Senate passes a reauthorization of a key US surveillance program just after a midnight deadline
Comprehensive Analysis of PayPal Stock
Crews turn sights to removing debris from ship's deck in Baltimore bridge collapse cleanup
MarketBeat Week in Review – 4/15 - 4/19
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Closing prices for crude oil, gold and other commodities
The Senate passes a reauthorization of a key US surveillance program just after a midnight deadline
Comprehensive Analysis of PayPal Stock
Crews turn sights to removing debris from ship's deck in Baltimore bridge collapse cleanup
MarketBeat Week in Review – 4/15 - 4/19
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Closing prices for crude oil, gold and other commodities
The Senate passes a reauthorization of a key US surveillance program just after a midnight deadline
Comprehensive Analysis of PayPal Stock
Crews turn sights to removing debris from ship's deck in Baltimore bridge collapse cleanup
MarketBeat Week in Review – 4/15 - 4/19

Magic Empire Global (MEGL) Short Interest Ratio & Short Volume

0.60
-0.03 (-3.99%)
(As of 04/19/2024 08:50 PM ET)

Magic Empire Global Short Interest Data

Current Short Volume
45,100 shares
Previous Short Volume
34,200 shares
Change Vs. Previous Month
+31.87%
Dollar Volume Sold Short
$29,278.92
Short Interest Ratio / Days to Cover
0.2
Last Record Date
March 31, 2024
Outstanding Shares
20,260,000 shares
Float Size
9,640,000 shares
Short Percent of Float
0.47%
Today's Trading Volume
127,000 shares
Average Trading Volume
104,076 shares
Today's Volume Vs. Average
122%
cover of A Guide to High-Short-Interest Stocks and How to Trade Them ebook
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MEGL Short Interest Over Time

MEGL Days to Cover Over Time

MEGL Percentage of Float Shorted Over Time

Magic Empire Global Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
3/31/202445,100 shares $29,278.92 +31.9%0.5%0.2 $0.65
3/15/202434,200 shares $22,401.00 +51.3%0.4%0.1 $0.66
2/29/202422,600 shares $17,176.00 -93.4%0.2%0.1 $0.76
2/15/2024344,500 shares $313,012.70 +1,278.0%3.6%0.8 $0.91
1/31/202425,000 shares $20,500.00 -57.4%0.3%0.1 $0.82
1/15/202458,700 shares $59,874.00 +262.4%0.7%0.2 $1.02
12/31/202316,200 shares $19,172.70 +3.9%0.2%0.1 $1.18
12/15/202315,600 shares $13,182.00 -49.7%0.2%0.2 $0.85
11/30/202331,000 shares $27,295.50 +3.7%0.4%0.3 $0.88
11/15/202329,900 shares $29,900.00 +40.4%0.4%0.3 $1.00
10/31/202321,300 shares $18,744.00 -52.5%0.3%0.2 $0.88
10/15/202344,800 shares $44,800.00 -69.9%0.5%0.4 $1.00
9/30/2023148,900 shares $172,724.00 -34.3%1.9%1.1 $1.16
9/15/2023226,700 shares $287,909.00 +132.8%2.8%1.3 $1.27
8/31/202397,400 shares $115,906.00 -32.4%1.2%0.5 $1.19
8/15/2023144,000 shares $198,720.00 -26.9%1.8%0.6 $1.38
7/31/2023197,000 shares $305,350.00 -9.8%2.5%0.4 $1.55
7/15/2023218,400 shares $351,624.00 +8.7%2.7%0.1 $1.61
6/30/2023201,000 shares $347,730.00 -18.4%2.5%0.1 $1.73
6/15/2023246,400 shares $426,272.00 -16.0%3.1%0.1 $1.73
5/31/2023293,400 shares $548,658.00 -2.2%3.8%0.1 $1.87
5/15/2023299,900 shares $500,833.00 No Change3.9%0.1 $1.67

MEGL Short Interest - Frequently Asked Questions

What is Magic Empire Global's current short interest?

Short interest is the volume of Magic Empire Global shares that have been sold short but have not yet been closed out or covered. As of March 31st, investors have sold 45,100 shares of MEGL short. 0.47% of Magic Empire Global's shares are currently sold short. Learn More on Magic Empire Global's current short interest.

What is a good short interest percentage for Magic Empire Global?

Companies that have a short interest as a percentage of float below 10% indicates positive investor sentiment and few short sellers. Stocks with a short interest percentage above 10% is considered high, suggesting some investors are pessimistic about the stock. Companies with a short interest percentage of 20% or more indicates widespread negative sentiment. 0.47% of Magic Empire Global's floating shares are currently sold short.

Is Magic Empire Global's short interest increasing or decreasing?

Magic Empire Global saw a increase in short interest in the month of March. As of March 31st, there was short interest totaling 45,100 shares, an increase of 31.9% from the previous total of 34,200 shares. Changes in short volume can be used to identify positive and negative investor sentiment. Investors that short sell a stock are betting that its price will decline in the future. An increase in short sale volume suggests bearish (negative) sentiment among investors. A decrease on short sale volume suggests bullish (positive) sentiment.

What is Magic Empire Global's float size?

Magic Empire Global currently has issued a total of 20,260,000 shares. Some of Magic Empire Global's outstanding shares are available for trading, while others are subject to various restrictions. The public float, also referred to as floating shares or "the float", are shares that publicly owned, unrestricted and available to trade on the open market. Magic Empire Global currently has a public float of 9,640,000 shares.

How does Magic Empire Global's short interest compare to its competitors?

0.47% of Magic Empire Global's shares are currently sold short. Here is how the short interest of companies in the sector of "finance" compare to Magic Empire Global: Prestige Wealth Inc. (1.34%), Bit Origin Ltd (5.77%), Greenidge Generation Holdings Inc. (9.12%), LM Funding America, Inc. (9.50%), Sentage Holdings Inc. (2.08%), BTCS Inc. (1.59%), 9F Inc. (0.12%), Stronghold Digital Mining, Inc. (3.29%), SHF Holdings, Inc. (0.32%), CaliberCos Inc. (0.16%),

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: TC Energy Co. ($4.49 billion), T-Mobile US, Inc. ($3.94 billion), General Motors ($3.34 billion), Charter Communications, Inc. ($3.32 billion), Occidental Petroleum Co. ($3.21 billion), Super Micro Computer, Inc. ($3.13 billion), Coinbase Global, Inc. ($3.08 billion), Moderna, Inc. ($2.28 billion), Tractor Supply ($2.24 billion), and Royal Caribbean Cruises Ltd. ($2.14 billion). View all of the most shorted stocks.

What does it mean to sell short Magic Empire Global stock?

Short selling MEGL is an investing strategy that aims to generate trading profit from Magic Empire Global as its price is falling. MEGL shares are trading down $0.03 today. To short a stock, an investor borrows shares, sells them and buys the shares back on the public market later to return it to the lender. Short sellers are betting that a stock will decline in price. If the stock does drop after selling, the short seller buys it back at a lower price and returns it to the lender. The difference between the sell price and the buy price is the trader's profit.

How does a short squeeze work against Magic Empire Global?

A short squeeze for Magic Empire Global occurs when it has a large amount of short interest and its stock increases in price. This forces short sellers to cover their short interest positions by buying actual shares of MEGL, which in turn drives the price of the stock up even further.

How often is Magic Empire Global's short interest reported?

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including MEGL, twice per month. The most recent reporting period available is March, 31 2024.



More Short Interest Resources from MarketBeat

This page (NASDAQ:MEGL) was last updated on 4/20/2024 by MarketBeat.com Staff

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