Mogo Inc. (NASDAQ:MOGO) Short Interest Update

Mogo Inc. (NASDAQ:MOGO) was the recipient of a significant decrease in short interest in November. As of November 30th, there was short interest totalling 31,600 shares, a decrease of 21.0% from the November 15th total of 40,000 shares. Currently, 0.2% of the company’s shares are sold short. Based on an average daily volume of 85,000 shares, the short-interest ratio is currently 0.4 days.

Mogo Trading Up 2.2 %

Shares of Mogo stock traded up $0.03 during trading hours on Monday, hitting $1.39. The company’s stock had a trading volume of 61,389 shares, compared to its average volume of 68,037. The company has a market capitalization of $34.02 million, a PE ratio of -2.96 and a beta of 2.95. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.44 and a quick ratio of 1.44. The stock has a 50 day moving average of $1.25 and a 200 day moving average of $1.32. Mogo has a 12 month low of $0.94 and a 12 month high of $2.25.

Analyst Upgrades and Downgrades

Separately, HC Wainwright reissued a “buy” rating and set a $6.00 price target on shares of Mogo in a research report on Thursday, November 7th.

About Mogo

Mogo Inc operates as a digital finance company in Canada, Europe, and internationally. The company's digital solutions help build wealth and achieve financial freedom. It provides MogoTrade, a stock trading app; Moka; and MogoMoney that provides online personal loans. The company also offers digital loans and mortgages; and operates a digital payments platform that powers next-generation card programs for both global corporations and fintech companies in Europe and Canada.