Short Interest in NagaCorp Ltd. (OTCMKTS:NGCRF) Decreases By 96.3%

NagaCorp Ltd. (OTCMKTS:NGCRF) was the target of a significant decline in short interest in December. As of December 15th, there was short interest totalling 1,700 shares, a decline of 96.3% from the November 30th total of 45,700 shares. Based on an average daily trading volume, of 7,300 shares, the days-to-cover ratio is presently 0.2 days.

NagaCorp Stock Performance

Shares of NGCRF remained flat at $0.37 on Thursday. NagaCorp has a one year low of $0.32 and a one year high of $0.57. The firm has a 50 day moving average price of $0.39 and a 200-day moving average price of $0.43.

About NagaCorp

NagaCorp Ltd., an investment holding company, manages and operates a hotel and casino complex in the Kingdom of Cambodia. The company operates in two segments, Casino Operations; and Hotel and Entertainment Operations. It owns, manages, and operates NagaWorld, an integrated hotel and entertainment complex that consists of rooms and suites, gaming tables, and electronic gaming machines, as well as public and premium gaming halls, all-suite luxury spa, shopping gallery, food and beverage outlets and clubs, entertainment services, and meeting spaces, as well as hotel convention spaces.