NagaCorp Ltd. (OTCMKTS:NGCRF) Sees Large Drop in Short Interest

by · The Markets Daily

NagaCorp Ltd. (OTCMKTS:NGCRF – Get Free Report) was the recipient of a large decline in short interest during the month of December. As of December 15th, there was short interest totalling 1,700 shares, a decline of 96.3% from the November 30th total of 45,700 shares. Based on an average daily trading volume, of 7,300 shares, the short-interest ratio is presently 0.2 days.

NagaCorp Price Performance

Shares of NGCRF stock remained flat at $0.37 during trading on Friday. The stock has a 50-day moving average of $0.39 and a two-hundred day moving average of $0.43. NagaCorp has a 12 month low of $0.32 and a 12 month high of $0.57.

NagaCorp Company Profile

(Get Free Report)

NagaCorp Ltd., an investment holding company, manages and operates a hotel and casino complex in the Kingdom of Cambodia. The company operates in two segments, Casino Operations; and Hotel and Entertainment Operations. It owns, manages, and operates NagaWorld, an integrated hotel and entertainment complex that consists of rooms and suites, gaming tables, and electronic gaming machines, as well as public and premium gaming halls, all-suite luxury spa, shopping gallery, food and beverage outlets and clubs, entertainment services, and meeting spaces, as well as hotel convention spaces.

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