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

NagaCorp Ltd. (OTCMKTS:NGCRF) was the target of a significant decline in short interest in the month of 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 days-to-cover ratio is currently 0.5 days.

NagaCorp Trading Down 3.3 %

Shares of NGCRF stock traded down 0.02 during trading hours on Friday, hitting 0.47. The company had a trading volume of 1,000 shares, compared to its average volume of 8,891. NagaCorp has a 12 month low of 0.32 and a 12 month high of 0.62. The firm’s fifty day moving average is 0.49 and its 200 day moving average is 0.46.

About NagaCorp

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.