Short interest in Magazine Luiza SA ADR (OTC:MGLUD) decreased during the last reporting period, falling from 145.00 to 145.00. This put -% of the company's publicly available shares short.

Short interest for Magazine Luiza SA ADR gives investors a sense of the degree to which investors are betting on the decline of Magazine Luiza SA ADR's stock. Short interest data is updated every two weeks.

Based on the recent average volume of 42.00 shares traded per day, it would take 3.45 day(s) for holders of this short interest to close out their positions without sending the stock sharply higher.