MOGU Inc. Sponsored ADR (NYSE:MOGU – Get Free Report) was the target of a large decline in short interest in August. As of August 31st, there was short interest totaling 4,503 shares, a decline of 34.9% from the August 15th total of 6,913 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 1,778 shares, the days-to-cover ratio is presently 2.5 days.
Analyst Ratings Changes
Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of MOGU in a research report on Tuesday, August 4th. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock has an average rating of “Sell”.
Get Our Latest Stock Analysis on MOGU
MOGU Stock Performance
About MOGU
MOGU Inc operates a China-focused fashion and lifestyle online platform that connects consumers with merchants, brands, content creators and influencers. The company’s platform is designed to help users discover and purchase fashion-related products, particularly apparel, accessories and beauty products.
MOGU combines e-commerce with social and content features, including user-generated content, fashion recommendations, short videos and livestreaming. Merchants and influencers can use the platform to promote products, engage with shoppers and facilitate online sales, while consumers can browse lifestyle content and make purchases through the marketplace.
Founded in 2011 and headquartered in Hangzhou, China, the company has historically focused primarily on serving consumers and merchants in the Chinese market.
See Also
- Five stocks we like better than MOGU
- MarketBeat Week in Review – 09/14 – 09/18
- J.B. Hunt’s Stock Plunges After Market Misprices Profit Warning
- 2 Stocks Breaking Out Post-FOMC With One Thing in Common
- Lennar’s Q3 Miss Hides a Stronger Operating Story Beneath the Housing Slump
Receive News & Ratings for MOGU Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MOGU and related companies with MarketBeat.com's FREE daily email newsletter.
