UOL Group Limited (OTCMKTS:UOLGY) Shares Shorted: Short Interest Up 1,058.9% in October

UOL Group Limited (OTCMKTS:UOLGY) was the recipient of a significant growth in short interest in October. As of October 15th, there was short interest totaling 2,086 shares, a growth of 1,058.9% from the September 30th total of 180 shares. Based on an average daily volume of 11,864 shares, the days-to-cover ratio is presently 0.2 days.

UOL Group Stock Up 0.1%

Shares of UOLGY traded up $0.03 during midday trading on Monday, reaching $24.75. 12,868 shares of the stock were exchanged, compared to its average volume of 11,605. UOL Group has a 12-month low of $23.40 and a 12-month high of $38.25. The firm has a 50 day simple moving average of $26.74 and a 200-day simple moving average of $30.59.

UOL Group Company Profile

UOL Group Limited is a Singapore-based property and hospitality company formerly known as United Overseas Land. Established in 1935, the group has developed into a diversified real estate business with activities spanning property development, property investment and hotel operations.

UOL develops and manages residential, commercial and mixed-use properties, while its investment portfolio includes office buildings, retail centers and other income-producing real estate. Its hospitality business is operated through Pan Pacific Hotels and Resorts, which manages hotels and resorts under brands including Pan Pacific, PARKROYAL COLLECTION and PARKROYAL.

The group serves markets primarily in Singapore, with additional property and hospitality interests across selected countries in Asia, Oceania, Europe and North America.