IWG plc (OTCMKTS:IWGFF) Short Interest Update

IWG plc (OTCMKTS:IWGFF) saw a large increase in short interest in December. As of December 31st, there was short interest totalling 1,204,400 shares, an increase of 133.1% from the December 15th total of 516,600 shares. Based on an average daily trading volume, of 506,500 shares, the days-to-cover ratio is currently 2.4 days.

IWG Trading Up 5.0 %

OTCMKTS IWGFF traded up $0.10 on Thursday, hitting $1.99. 232,354 shares of the stock were exchanged, compared to its average volume of 678,931. The company has a 50-day moving average price of $2.07 and a 200-day moving average price of $2.18. IWG has a fifty-two week low of $1.80 and a fifty-two week high of $2.63.

About IWG

IWG plc, together with its subsidiaries, provides workspace solutions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company offers office, coworking and collaboration, flexible and scalable, meeting, and lounges spaces; workplace recovery; memberships workspaces; and reception services and conference products.