--- title: "Mega Fortune Company Limited (NASDAQ:MGRT) Short Interest Update" type: "News" locale: "en" url: "https://longbridge.com/en/news/276983047.md" description: "Mega Fortune Company Limited (NASDAQ:MGRT) experienced a significant increase in short interest, rising 575.5% to 111,593 shares as of February 13th. This represents approximately 0.8% of the company's stock. The short-interest ratio is currently 0.5 days based on an average daily volume of 231,931 shares. Despite this, Wall Street analysts have rated the stock as a 'Sell', with one analyst upgrading it to a 'Hold'. The stock traded down 3.0% to $6.16, with a 1-year range of $1.50 to $17.51." datetime: "2026-02-26T04:38:43.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/276983047.md) - [en](https://longbridge.com/en/news/276983047.md) - [zh-HK](https://longbridge.com/zh-HK/news/276983047.md) --- # Mega Fortune Company Limited (NASDAQ:MGRT) Short Interest Update Mega Fortune Company Limited (NASDAQ:MGRT - Get Free Report) was the target of a large growth in short interest in the month of February. As of February 13th, there was short interest totaling 111,593 shares, a growth of 575.5% from the January 29th total of 16,521 shares. Based on an average daily volume of 231,931 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.8% of the company's shares are sold short. Currently, 0.8% of the company's shares are sold short. Based on an average daily volume of 231,931 shares, the days-to-cover ratio is currently 0.5 days. ## Wall Street Analyst Weigh In Separately, Wall Street Zen raised shares of Mega Fortune to a "hold" rating in a research report on Saturday, December 27th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, Mega Fortune has an average rating of "Sell". **Get Our Latest Research Report on MGRT** ## Mega Fortune Trading Down 3.0% Shares of MGRT traded down $0.19 during midday trading on Wednesday, reaching $6.16. 6,738 shares of the company were exchanged, compared to its average volume of 127,053. Mega Fortune has a 1-year low of $1.50 and a 1-year high of $17.51. The stock has a 50-day moving average price of $6.90 and a 200-day moving average price of $5.55. ## About Mega Fortune (Get Free Report) We are a holding company incorporated as an exempted company with limited liability in the Cayman Islands. Our ordinary shares offered in this prospectus are shares of our Cayman Islands holding company. As a holding company with no material operations of our own, we conduct our business through our operating subsidiary in Hong Kong. We own 100% equity interest of all our subsidiaries and do not have a variable interest entity, or VIE, structure. We are an Internet of Things (“IoT”) solution provider in Hong Kong. ## Featured Stories - Five stocks we like better than Mega Fortune - The gold chart Wall Street is terrified of… - America’s 1776 happening again - This makes me furious - Buy this Gold Stock Before May 2026 - What a Former CIA Agent Knows About the Coming Collapse _This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com._ ## Should You Invest $1,000 in Mega Fortune Right Now? Before you consider Mega Fortune, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Mega Fortune wasn't on the list. While Mega Fortune currently has a Sell rating among analysts, top-rated analysts believe these five stocks are better buys. View The Five Stocks Here ### Related Stocks - [MGRT.US](https://longbridge.com/en/quote/MGRT.US.md) ## Related News & Research - [How Mega Fortune stock tripled this week](https://longbridge.com/en/news/282238190.md) - [Awalé Hits 24.8 g/t Gold over 5 Metres within 18.9 g/t Gold over 7 Metres at Charger | AWLRF Stock News](https://longbridge.com/en/news/282678247.md) - [ZAWYA: Italy's Eni announces mega offshore gas discovery in Egypt](https://longbridge.com/en/news/281886351.md) - [210,725 Shares in Barrick Mining Corporation $B Purchased by JCIC Asset Management Inc.](https://longbridge.com/en/news/282323684.md) - [Tecogen (TGEN) Gets a Buy from Craig-Hallum](https://longbridge.com/en/news/282553656.md)