Nature Wood Group Limited Sponsored ADR (NASDAQ:NWGL) Short Interest Down 18.2% in December

Nature Wood Group Limited Sponsored ADR (NASDAQ:NWGL) was the target of a significant decrease in short interest in the month of December. As of December 31st, there was short interest totaling 4,867 shares, a decrease of 18.2% from the December 15th total of 5,953 shares. Based on an average daily volume of 9,097 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.0% of the shares of the stock are sold short. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 9,097 shares, the days-to-cover ratio is presently 0.5 days.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Nature Wood Group stock. Citadel Advisors LLC bought a new position in shares of Nature Wood Group Limited Sponsored ADR (NASDAQ:NWGL) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 39,355 shares of the company’s stock, valued at approximately $54,000. Citadel Advisors LLC owned about 0.24% of Nature Wood Group as of its most recent SEC filing.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of Nature Wood Group in a research report on Monday, December 29th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock has an average rating of “Sell”.

Nature Wood Group Price Performance

NASDAQ:NWGL traded up $0.01 during trading hours on Monday, hitting $1.18. The company’s stock had a trading volume of 4,800 shares, compared to its average volume of 8,461. Nature Wood Group has a twelve month low of $0.91 and a twelve month high of $6.61. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.29 and a current ratio of 1.59. The stock has a fifty day simple moving average of $1.23 and a 200-day simple moving average of $1.28.

Nature Wood Group (NASDAQ:NWGL) last posted its earnings results on Monday, December 29th. The company reported $0.01 EPS for the quarter. The company had revenue of $4.05 million during the quarter.

Nature Wood Group Company Profile

Nature Wood Group, Inc engages in the design, manufacture and sale of wood-based panels and decorative surfaces for use in furniture, cabinetry, flooring and interior fit-outs. The company’s offerings include medium-density fiberboard, melamine-faced panels, decorative paper and edge-banding products, all tailored to meet the specifications of residential and commercial customers.

Through an integrated production model, Nature Wood Group oversees key stages from raw material procurement and wood refining to finishing and quality control.