The Marygold Companies, Inc. (NYSEAMERICAN:MGLD) Short Interest Down 69.1% in December

The Marygold Companies, Inc. (NYSEAMERICAN:MGLD) was the recipient of a large decline in short interest during 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. Based on an average daily volume of 7,800 shares, the short-interest ratio is currently 3.1 days. Approximately 0.3% of the company’s shares are short sold.

Insider Buying and Selling

In other news, CEO & Melinda Gerber Livi Nicholas acquired 42,149 shares of the stock in a transaction that occurred on Friday, December 20th. The stock was purchased at an average cost of $1.72 per share, for a total transaction of $72,496.28. Following the completion of the transaction, the chief executive officer now directly owns 18,510,915 shares in the company, valued at $31,838,773.80. This trade represents a 0.23 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink.

Marygold Companies Trading Up 2.4 %

Shares of NYSEAMERICAN:MGLD traded up $0.04 during trading on Thursday, hitting $1.69. 8,742 shares of the company’s stock were exchanged, compared to its average volume of 10,144. Marygold Companies has a 1-year low of $0.78 and a 1-year high of $2.10.

Marygold Companies (NYSEAMERICAN:MGLD) last released its earnings results on Friday, November 8th. The company reported ($0.04) EPS for the quarter. The business 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.