WANG & LEE GROUP, Inc. (NASDAQ:WLGS) Short Interest Up 110.2% in January

WANG & LEE GROUP, Inc. (NASDAQ:WLGS) was the target of a significant increase in short interest in January. As of January 15th, there was short interest totalling 30,900 shares, an increase of 110.2% from the December 31st total of 14,700 shares. Based on an average daily trading volume, of 170,000 shares, the days-to-cover ratio is presently 0.2 days. Currently, 1.0% of the company’s shares are short sold.

WANG & LEE GROUP Trading Up 2.2 %

Shares of NASDAQ WLGS opened at $7.10 on Friday. WANG & LEE GROUP has a 12 month low of $0.44 and a 12 month high of $7.64. The company has a 50-day simple moving average of $3.41 and a 200-day simple moving average of $2.22.

WANG & LEE GROUP Company Profile

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.