NagaCorp Ltd. (OTCMKTS:NGCRF) Short Interest Down 98.2% in July

NagaCorp Ltd. (OTCMKTS:NGCRF) was the recipient of a large decrease in short interest during the month of July. As of July 31st, there was short interest totaling 2,058 shares, a decrease of 98.2% from the July 15th total of 112,068 shares. Based on an average daily trading volume, of 289 shares, the days-to-cover ratio is currently 7.1 days.

NagaCorp Stock Performance

NagaCorp stock remained flat at $0.46 during mid-day trading on Tuesday. The company’s stock had a trading volume of 254 shares, compared to its average volume of 34,908. The firm has a 50-day moving average price of $0.46 and a 200 day moving average price of $0.50. NagaCorp has a one year low of $0.41 and a one year high of $0.80.

About NagaCorp

NagaCorp Ltd is a Cayman Islands–incorporated company primarily engaged in the development, ownership and operation of integrated entertainment resorts in Cambodia. Its flagship property, NagaWorld, is located in the capital city of Phnom Penh and combines hotel accommodations, gaming facilities, dining venues and live entertainment under one roof. The resort caters to both mass-market and high-end clientele, offering a range of casino tables, electronic gaming machines and exclusive VIP gaming salons.

Beyond gaming, NagaWorld features multiple restaurants, retail outlets, conference and banquet spaces, as well as a theater that hosts cultural performances and international shows.