Short interest in Magazine Luiza SA (OTC:MGLUY) increased during the last reporting period, rising from 532.00 to 619.00. This put -% of the company's publicly available shares short.

Short interest for Magazine Luiza gives investors a sense of the degree to which investors are betting on the decline of Magazine Luiza'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 14.74 day(s) for holders of this short interest to close out their positions without sending the stock sharply higher.