Short interest in Magic Empire Global Ltd (NASDAQ:MEGL) decreased during the last reporting period, falling from 408.85K to 241.02K. This put 2.5% of the company's publicly available shares short.

Short interest for Magic Empire Glb gives investors a sense of the degree to which investors are betting on the decline of Magic Empire Glb's stock. Short interest data is updated every two weeks.

Based on the recent average volume of 237.92K shares traded per day, it would take 1.01 day(s) for holders of this short interest to close out their positions without sending the stock sharply higher.