The Marygold Companies, Inc. (NYSEAMERICAN:MGLD) Sees Large Decrease in Short Interest

The Marygold Companies, Inc. (NYSEAMERICAN:MGLD – Get Free Report) saw a significant decrease in short interest in October. As of October 15th, there was short interest totaling 35,599 shares, a decrease of 81.8% from the September 30th total of 196,069 shares. Based on an average trading volume of 88,990 shares, the days-to-cover ratio is currently 0.4 days.

Institutional Investors Weigh In On Marygold Companies

A hedge fund recently bought a new stake in Marygold Companies stock. BlackRock Inc. purchased a new stake in shares of The Marygold Companies, Inc. (NYSEAMERICAN:MGLD – Free Report) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 33,287 shares of the company’s stock, valued at approximately $40,000.

Marygold Companies Price Performance

Shares of MGLD stock opened at $1.97 on Tuesday. The stock has a fifty day moving average of $1.44 and a 200 day moving average of $1.19. Marygold Companies has a 52 week low of $0.84 and a 52 week high of $2.12.

Marygold Companies (NYSEAMERICAN:MGLD – Get Free Report) last issued its quarterly earnings data on Friday, September 18th. The company reported ($0.08) earnings per share (EPS) for the quarter. The business had revenue of $6.93 million for the quarter.

About Marygold Companies

(Get Free Report)

Marygold Companies, Inc (NYSE American: MGLD) is a financial services holding company focused on developing and operating businesses under the Marygold & Co brand. The company aims to provide accessible, technology-enabled financial solutions designed to simplify investing, saving and wealth management for individuals.

Its principal business is Marygold & Co, a digital wealth management and financial services platform that offers investment-related products and services through online and mobile channels.

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