Short Interest in WANG & LEE GROUP, Inc. (NASDAQ:WLGS) Drops By 85.4%

WANG & LEE GROUP, Inc. (NASDAQ:WLGSGet Free Report) saw a large decrease in short interest in September. As of September 30th, there was short interest totalling 38,400 shares, a decrease of 85.4% from the September 15th total of 262,500 shares. Based on an average daily volume of 156,100 shares, the days-to-cover ratio is currently 0.2 days. Approximately 1.2% of the shares of the stock are sold short.

WANG & LEE GROUP Stock Performance

NASDAQ:WLGS traded up $0.11 during trading hours on Thursday, hitting $1.70. The company’s stock had a trading volume of 61,712 shares, compared to its average volume of 292,713. The stock has a fifty day simple moving average of $0.93 and a 200-day simple moving average of $0.70. WANG & LEE GROUP has a twelve month low of $0.40 and a twelve month high of $2.00.

About WANG & LEE GROUP

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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.

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