UOL Group Limited (OTCMKTS:UOLGY) Short Interest Up 72.0% in June

UOL Group Limited (OTCMKTS:UOLGY) saw a large increase in short interest in the month of June. As of June 15th, there was short interest totaling 3,318 shares, an increase of 72.0% from the May 31st total of 1,929 shares. Based on an average daily volume of 19,331 shares, the days-to-cover ratio is presently 0.2 days.

Wall Street Analyst Weigh In

Separately, Zacks Research downgraded shares of UOL Group from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, March 18th. One investment analyst has rated the stock with a Strong Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Buy”.

UOL Group Trading Down 0.4%

UOLGY stock opened at $29.36 on Thursday. The firm has a 50 day moving average price of $31.80 and a 200-day moving average price of $31.68. UOL Group has a 52-week low of $19.90 and a 52-week high of $38.25.

UOL Group Company Profile

UOL Group Limited is a Singapore-based diversified property company with core activities in real estate development, hospitality operations and asset management. The company develops residential, commercial and mixed-use projects, and holds investment properties in strategic locations across Singapore and other Asia-Pacific markets. Its real estate portfolio encompasses condominiums, office towers and retail spaces, reflecting a focus on urban regeneration and integrated community living.

In property development, UOL Group has delivered a range of landmark projects, from city-fringe residential estates to high-end commercial complexes.