Does MGOL have high short interest

MGOL has a high short interest, as evidenced by several metrics:

1. Short Interest Ratio: The short interest ratio is 0.43%, which is relatively high compared to other companies in the retail/wholesale sector. This indicates that a significant portion of MGOL's shares are sold short, suggesting bearish sentiment or hedging strategies by investors.
2. Short Borrow Fee Rates: MGOL's short borrow fee rates have been consistently high, with rates above 7% in the most recent data. This is indicative of strong demand for short-selling, which can be a sign of negative market sentiment or a response to perceived risks in the stock.
3. Short Volume: The short volume for MGOL has been substantial, with over 81 million shares sold short on the latest reporting date. This high volume further supports the conclusion that MGOL has a significant short interest.
4. Market Sentiment: The high short interest combined with the high short borrow fee rates suggests that market participants perceive MGOL as a risky investment, potentially due to concerns about the company's financial health, market position, or future prospects.

In conclusion, MGOL's high short interest ratio, short borrow fee rates, short volume, and market sentiment indicators all point to a high level of bearish sentiment or hedging activity surrounding the stock. This suggests that a large number of investors have concerns or believe the stock is overvalued, which could lead to potential downside risk for MGOL.