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

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$1.58 -0.06 (-3.69%)
As of 03:32 PM Eastern

Magic Empire Global Short Interest Data

Magic Empire Global (MEGL) has a short interest of 358,700 shares, representing 17.67% of the float (the number of shares available for trading by the public). This marks a 888.15% increase in short interest from the previous month. The short interest ratio (days to cover) is 0.2, indicating that it would take 0.2 days of the average trading volume of 1.18 million shares to cover all short positions.

Current Short Interest
358,700 shares
Previous Short Interest
36,300 shares
Change Vs. Previous Month
+888.15%
Dollar Volume Sold Short
$577.51 thousand
Short Interest Ratio
0.2 Days to Cover
Last Record Date
June 15, 2025
Outstanding Shares
4,060,000 shares
Float Size
2,030,000 shares
Short Percent of Float
17.67%
Today's Trading Volume
23,154 shares
Average Trading Volume
1,175,667 shares
Today's Volume Vs. Average
2%
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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
6/15/2025358,700 shares $577.51 thousand +888.2%17.7%0.2 $1.61
5/31/202536,300 shares $45.38 thousand -68.1%2.5%0 $1.25
5/15/2025113,700 shares $165.74 thousand +256.4%8.0%0.1 $1.46
4/30/202531,900 shares $37.32 thousand -1.2%2.2%0 $1.17
4/15/202532,300 shares $38.44 thousand +19.6%2.3%0.3 $1.19
3/31/202527,000 shares $36.77 thousand -25.6%1.9%0.1 $1.36
3/15/202536,300 shares $53.00 thousand +2.5%2.5%0.1 $1.46
2/28/202535,400 shares $51.33 thousand +1.4%1.8%0.1 $1.45
2/15/202534,900 shares $66.46 thousand -85.5%0.4%0.1 $1.90
1/31/2025241,000 shares $130.04 thousand -41.1%2.5%0.2 $0.54
1/15/2025408,900 shares $257.61 thousand +349.8%4.2%0.3 $0.63
12/31/202490,900 shares $49.08 thousand -3.2%0.9%0.1 $0.54
12/15/202493,900 shares $46.95 thousand -60.1%1.0%0.3 $0.50
11/30/2024235,200 shares $123.48 thousand -5.2%2.4%0.8 $0.53
11/15/2024248,200 shares $124.03 thousand -45.6%2.6%0.9 $0.50
10/31/2024456,500 shares $233.32 thousand +92.0%4.7%1.7 $0.51
10/15/2024237,800 shares $125.77 thousand +187.2%2.5%1 $0.53
9/30/202482,800 shares $51.34 thousand +2,023.1%0.9%0.4 $0.62
9/15/20243,900 shares $1.76 thousand -72.1%0.0%0 $0.45
8/31/202414,000 shares $6.41 thousand -10.8%0.2%0.1 $0.46
8/15/202415,700 shares $7.08 thousand -1.9%0.2%0.2 $0.45
7/31/202416,000 shares $8.64 thousand -12.6%0.2%0.1 $0.54
7/15/202418,300 shares $9.74 thousand -30.4%0.2%0.1 $0.53
6/30/202426,300 shares $14.20 thousand -39.0%0.3%0.2 $0.54
6/15/202443,100 shares $25.36 thousand +125.7%0.5%0.3 $0.59
5/31/202419,100 shares $11.46 thousand +253.7%0.2%0.1 $0.60
5/15/20245,400 shares $3.55 thousand -67.3%0.1%0 $0.66
4/30/202416,500 shares $10.40 thousand -52.3%0.2%0.1 $0.63
4/15/202434,600 shares $21.81 thousand -23.3%0.4%0.1 $0.63
3/31/202445,100 shares $29.28 thousand +31.9%0.5%0.2 $0.65
3/15/202434,200 shares $22.40 thousand +51.3%0.4%0.1 $0.66
2/29/202422,600 shares $17.18 thousand -93.4%0.2%0.1 $0.76
2/15/2024344,500 shares $313.01 thousand +1,278.0%3.6%0.8 $0.91
1/31/202425,000 shares $20.50 thousand -57.4%0.3%0.1 $0.82
1/15/202458,700 shares $59.87 thousand +262.4%0.7%0.2 $1.02
12/31/202316,200 shares $19.17 thousand +3.9%0.2%0.1 $1.18
12/15/202315,600 shares $13.18 thousand -49.7%0.2%0.2 $0.85
11/30/202331,000 shares $27.30 thousand +3.7%0.4%0.3 $0.88
11/15/202329,900 shares $29.90 thousand +40.4%0.4%0.3 $1.00
10/31/202321,300 shares $18.74 thousand -52.5%0.3%0.2 $0.88
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10/15/202344,800 shares $44.80 thousand -69.9%0.5%0.4 $1.00
9/30/2023148,900 shares $172.72 thousand -34.3%1.9%1.1 $1.16
9/15/2023226,700 shares $287.91 thousand +132.8%2.8%1.3 $1.27
8/31/202397,400 shares $115.91 thousand -32.4%1.2%0.5 $1.19
8/15/2023144,000 shares $198.72 thousand -26.9%1.8%0.6 $1.38
7/31/2023197,000 shares $305.35 thousand -9.8%2.5%0.4 $1.55
7/15/2023218,400 shares $351.62 thousand +8.7%2.7%0.1 $1.61
6/30/2023201,000 shares $347.73 thousand -18.4%2.5%0.1 $1.73
6/15/2023246,400 shares $426.27 thousand -16.0%3.1%0.1 $1.73
5/31/2023293,400 shares $548.66 thousand -2.2%3.8%0.1 $1.87
5/15/2023299,900 shares $500.83 thousand 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 covered or closed out. As of June 15th, traders have sold 358,700 shares of MEGL short. 17.67% 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. 17.67% 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 during the month of June. As of June 15th, there was short interest totaling 358,700 shares, an increase of 888.2% from the previous total of 36,300 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 4,060,000 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 2,030,000 shares.

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

17.67% of Magic Empire Global's shares are currently sold short. Here is how the short interest of companies in the industry of "banking" compare to Magic Empire Global: WVS Financial Corp. (0.02%), Kentucky First Federal Bancorp (0.58%), BTC Digital Ltd. (7.04%), Greenidge Generation Holdings Inc. (3.81%), SOS Limited Unsponsored ADR (4.17%), Netcapital Inc. (9.39%), Sphere 3D Corp. (1.87%), 9F Inc. Sponsored ADR (0.43%), Glen Burnie Bancorp (0.14%), LM Funding America, Inc. (0.95%),

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: SPDR S&P 500 ETF Trust ($69.26 billion), Invesco QQQ ($25.22 billion), iShares Russell 2000 ETF ($20.33 billion), iShares 20+ Year Treasury Bond ETF ($9.99 billion), MicroStrategy Incorporated ($9.12 billion), Canadian Natural Resources Limited ($6.73 billion), SPDR S&P Biotech ETF ($6.52 billion), Invesco S&P 500 Equal Weight ETF ($5.60 billion), Financial Select Sector SPDR Fund ($4.64 billion), and iShares iBoxx $ Investment Grade Corporate Bond ETF ($4.59 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 $0.06 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 June, 15 2025.




This page (NASDAQ:MEGL) was last updated on 7/7/2025 by MarketBeat.com Staff
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