Short Interest in WANG & LEE GROUP, Inc. (NASDAQ:WLGS) Declines By 70.9%

WANG & LEE GROUP, Inc. (NASDAQ:WLGS) was the target of a large decline in short interest during the month of January. As of January 15th, there was short interest totalling 14,700 shares, a decline of 70.9% from the December 31st total of 50,600 shares. Approximately 0.5% of the company’s stock are sold short. Based on an average daily volume of 174,600 shares, the short-interest ratio is currently 0.1 days.

WANG & LEE GROUP Price Performance

NASDAQ:WLGS opened at $7.09 on Wednesday. The business’s fifty day moving average price is $3.29 and its 200 day moving average price is $2.14. WANG & LEE GROUP has a 12 month low of $0.44 and a 12 month high of $7.64.

WANG & LEE GROUP Company Profile

WANG & LEE GROUP, Inc operates as a construction contractor in Hong Kong and Mainland. The company engages in the contract engineering, installation, and out-fitting of electrical systems, mechanical ventilation and air-conditioning systems, fire safety systems, and water supply and sewage disposal systems for the public and private sectors.