NagaCorp Ltd. (OTCMKTS:NGCRF) Sees Significant Decrease in Short Interest

NagaCorp Ltd. (OTCMKTS:NGCRF) saw a large decline in short interest in July. As of July 15th, there was short interest totalling 1,700 shares, a decline of 81.3% from the June 30th total of 9,100 shares. Based on an average trading volume of 3,100 shares, the short-interest ratio is currently 0.5 days.

NagaCorp Price Performance

Shares of NGCRF traded down 0.02 during midday trading on Friday, reaching 0.47. The stock had a trading volume of 1,000 shares, compared to its average volume of 8,891. The company’s fifty day simple moving average is 0.49 and its two-hundred day simple moving average is 0.46. NagaCorp has a 1-year low of 0.32 and a 1-year high of 0.62.

NagaCorp Company Profile

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 hotel rooms, gaming tables, and electronic gaming machines, as well as public and premium gaming halls, an all-suite luxury spa, shopping gallery, food and beverage outlets, entertainment services, and meeting spaces, as well as hotel convention spaces for accommodation of approximately 1,000 delegates.