KWG Group Holdings Limited (OTCMKTS:KWGPF) Sees Significant Decline in Short Interest

KWG Group Holdings Limited (OTCMKTS:KWGPF) was the target of a significant decrease in short interest in the month of April. As of April 15th, there was short interest totalling 10,183,400 shares, a decrease of 44.7% from the March 31st total of 18,405,000 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is currently ∞ days.

KWG Group Price Performance

OTCMKTS:KWGPF remained flat at $0.06 during mid-day trading on Friday. KWG Group has a 52-week low of $0.06 and a 52-week high of $0.14. The company’s 50 day moving average is $0.06 and its 200-day moving average is $0.08.

KWG Group Company Profile

KWG Group Holdings Limited, together with its subsidiaries, engages in the property development and investment, and hotel operation businesses. Its property portfolio includes mid- to high-end residential properties, serviced apartments, villas, offices, hotels, and shopping malls. The company was formerly known as KWG Property Holding Limited and changed its name to KWG Group Holdings Limited in August 2018.