Majic Wheels Corp. (OTCMKTS:MJWL) Short Interest Update

Majic Wheels Corp. (OTCMKTS:MJWL) was the target of a significant growth in short interest during the month of December. As of December 31st, there was short interest totalling 23,600 shares, a growth of 774.1% from the December 15th total of 2,700 shares. Based on an average daily volume of 11,457,800 shares, the short-interest ratio is currently 0.0 days.

MJWL traded up $0.00 during trading hours on Friday, reaching $0.05. 4,940,685 shares of the company’s stock traded hands, compared to its average volume of 10,947,631. The firm has a 50-day moving average price of $0.09 and a 200 day moving average price of $0.11. Majic Wheels has a 52-week low of $0.00 and a 52-week high of $0.27.

Majic Wheels Company Profile

Majic Wheels Corp. develops radio-controlled toy vehicles capable of climbing inclined and vertical surfaces. The company was founded in March 2007 and is headquartered in Fort Myers, FL.

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