Megan Holdings Limited
NASDAQMGN short interest plunges 76% in one week to 576K shares, while cost to borrow slides 33% to 32.6% — yet availability surges to 2,755%, signaling covering pressure and abundant shares for shorting despite dramatic recent short seller retreat.
Snapshot as of 28 Jun 2026
MGN heads into the week with a compliance crisis on its hands — and the market is still digesting what that means at 16 cents a share. The catalyst landed on May 13, when Megan Holdings received a Nasdaq noncompliance…
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