NagaCorp Ltd. (OTCMKTS:NGCRF) Shares Shorted: Short Interest Up 86.3% in September

NagaCorp Ltd. (OTCMKTS:NGCRF – Get Free Report) saw a significant increase in short interest in the month of September. As of September 15th, there was short interest totaling 18,058 shares, an increase of 86.3% from the August 31st total of 9,695 shares. Based on an average trading volume of 200 shares, the days-to-cover ratio is currently 90.3 days.

NagaCorp Price Performance

Shares of NGCRF stock remained flat at $0.40 on Wednesday. NagaCorp has a 1 year low of $0.40 and a 1 year high of $0.80. The business’s 50 day simple moving average is $0.44 and its two-hundred day simple moving average is $0.48.

NagaCorp Company Profile

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NagaCorp Ltd. is an integrated resort operator focused on gaming, hospitality, entertainment and leisure activities in Cambodia. The company’s principal property is NagaWorld, a large resort complex in Phnom Penh that combines casino gaming with hotel accommodations, restaurants, retail outlets, convention facilities and entertainment venues.

NagaWorld serves international and domestic visitors and is positioned as a destination resort in Cambodia’s capital city. Its operations include gaming areas, hotel rooms and suites, food and beverage outlets, event and meeting spaces, spas and other lifestyle amenities.

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