NagaCorp Ltd. (OTCMKTS:NGCRF) Short Interest Down 97.4% in May

NagaCorp Ltd. (OTCMKTS:NGCRFGet Free Report) was the recipient of a large decrease in short interest during the month of May. As of May 29th, there was short interest totaling 2,058 shares, a decrease of 97.4% from the May 14th total of 80,410 shares. Based on an average trading volume of 9,286 shares, the days-to-cover ratio is currently 0.2 days.

NagaCorp Stock Performance

OTCMKTS NGCRF opened at $0.49 on Wednesday. NagaCorp has a 12-month low of $0.43 and a 12-month high of $0.80. The firm’s 50 day moving average is $0.51 and its 200-day moving average is $0.56.

NagaCorp Company Profile

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NagaCorp Ltd is a Cayman Islands–incorporated company primarily engaged in the development, ownership and operation of integrated entertainment resorts in Cambodia. Its flagship property, NagaWorld, is located in the capital city of Phnom Penh and combines hotel accommodations, gaming facilities, dining venues and live entertainment under one roof. The resort caters to both mass-market and high-end clientele, offering a range of casino tables, electronic gaming machines and exclusive VIP gaming salons.

Beyond gaming, NagaWorld features multiple restaurants, retail outlets, conference and banquet spaces, as well as a theater that hosts cultural performances and international shows.

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