Megaworld Co. (OTCMKTS:MGAWY – Get Free Report) was the recipient of a large growth in short interest in the month of May. As of May 15th, there was short interest totaling 400 shares, a growth of ∞ from the April 30th total of 0 shares. Based on an average daily trading volume, of 2,937 shares, the days-to-cover ratio is presently 0.1 days.
Megaworld Price Performance
Shares of OTCMKTS:MGAWY remained flat at $6.16 during midday trading on Tuesday. The business has a 50-day moving average price of $6.81 and a two-hundred day moving average price of $7.00. Megaworld has a 12-month low of $6.09 and a 12-month high of $7.93.
About Megaworld
Megaworld Corporation (OTCMKTS: MGAWY) is a Philippines‐based real estate development company that designs, constructs, markets and manages mixed‐use communities. The company’s portfolio spans office buildings, residential condominiums, retail centers, hotels and resorts, with an emphasis on integrated “live‐work‐play” townships. Megaworld’s developments often combine residential units with commercial and leisure components, catering to both urban and emerging provincial markets across Luzon, Visayas and Mindanao.
Founded in 1989, Megaworld pioneered the concept of large‐scale township developments in the Philippines.
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