Short Interest in Millennium Group International Holdings Limited (NASDAQ:MGIH) Decreases By 57.1%

Millennium Group International Holdings Limited (NASDAQ:MGIH) saw a significant drop in short interest during the month of September. As of September 15th, there was short interest totalling 300 shares, a drop of 57.1% from the August 31st total of 700 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily volume of 21,300 shares, the days-to-cover ratio is currently 0.0 days.

Millennium Group International Stock Up 6.7 %

NASDAQ:MGIH traded up $0.11 during trading hours on Thursday, reaching $1.74. The company had a trading volume of 34,949 shares, compared to its average volume of 587,749. The company has a current ratio of 2.19, a quick ratio of 1.92 and a debt-to-equity ratio of 0.03. The firm’s 50 day moving average price is $1.59 and its 200-day moving average price is $1.50. Millennium Group International has a 52 week low of $0.89 and a 52 week 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.