NagaCorp Ltd. (OTCMKTS:NGCRF) Sees Large Growth in Short Interest

NagaCorp Ltd. (OTCMKTS:NGCRF) was the target of a significant increase in short interest in the month of February. As of February 15th, there was short interest totalling 71,200 shares, an increase of 261.4% from the January 31st total of 19,700 shares. Based on an average daily volume of 10,900 shares, the days-to-cover ratio is presently 6.5 days.

NagaCorp Stock Performance

Shares of OTCMKTS NGCRF remained flat at $0.39 during midday trading on Friday. The stock has a 50-day moving average price of $0.36 and a two-hundred day moving average price of $0.39. NagaCorp has a 52 week low of $0.33 and a 52 week high of $0.57.

NagaCorp Company Profile

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.