Nature Wood Group Limited (NASDAQ:NWGL) Short Interest Update

Nature Wood Group Limited (NASDAQ:NWGL) was the target of a large drop in short interest in December. As of December 31st, there was short interest totalling 8,700 shares, a drop of 40.0% from the December 15th total of 14,500 shares. Based on an average daily volume of 4,100 shares, the days-to-cover ratio is presently 2.1 days.

Nature Wood Group Price Performance

NWGL stock traded down $0.05 during midday trading on Tuesday, hitting $1.14. 4,886 shares of the stock were exchanged, compared to its average volume of 7,423. The stock’s 50-day moving average price is $1.32 and its 200-day moving average price is $1.60. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.83 and a current ratio of 1.25. Nature Wood Group has a fifty-two week low of $1.04 and a fifty-two week high of $21.97.

About Nature Wood Group

Nature Wood Group Limited, an integrated forestry company, engages in management and harvesting, and down-stream wood-processing and distribution activities. It operates in two divisions, Direct Purchase and Original Design Manufacturer Services; and Manufacturing segments. The company offers a range of products, including logs, decking and flooring products, sawn timber, recycled and synthesized charcoal, machine-made charcoal, and essential oils.