Short interest in Magic Empire Global Ltd (NASDAQ:MEGL) increased during the last reporting period, rising from 237.82K to 456.51K. This put 4.74% 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 535.41K shares traded per day, it would take 1 day(s) for holders of this short interest to close out their positions without sending the stock sharply higher.