The Marygold Companies, Inc. (NYSEAMERICAN:MGLD) Short Interest Update

The Marygold Companies, Inc. (NYSEAMERICAN:MGLD) was the recipient of a significant decline in short interest in the month of December. As of December 15th, there was short interest totalling 24,100 shares, a decline of 69.1% from the November 30th total of 78,100 shares. Currently, 0.3% of the shares of the stock are sold short. Based on an average trading volume of 7,800 shares, the short-interest ratio is presently 3.1 days.

Insider Buying and Selling

In related news, CEO & Melinda Gerber Livi Nicholas bought 42,149 shares of the firm’s stock in a transaction that occurred on Friday, December 20th. The shares were acquired at an average cost of $1.72 per share, for a total transaction of $72,496.28. Following the acquisition, the chief executive officer now directly owns 18,510,915 shares of the company’s stock, valued at $31,838,773.80. The trade was a 0.23 % increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through this link.

Marygold Companies Price Performance

MGLD traded up $0.07 during trading on Friday, reaching $1.81. The company had a trading volume of 2,527 shares, compared to its average volume of 10,120. Marygold Companies has a 12-month low of $0.78 and a 12-month high of $2.10.

Marygold Companies (NYSEAMERICAN:MGLD) last released its earnings results on Friday, November 8th. The company reported ($0.04) earnings per share for the quarter. The firm had revenue of $7.91 million for the quarter.

About Marygold Companies

The Marygold Companies, Inc, through its subsidiaries, engages in investment fund management, beauty products, food products, financial services, and security alarm systems businesses in the United States, the United Kingdom, New Zealand, Australia, and Canada. It operates as an investment advisor to exchange traded funds and exchange traded products organized as limited partnerships or investment trusts.