Nature Wood Group Limited Sponsored ADR (NASDAQ:NWGL) Short Interest Down 52.0% in January

Nature Wood Group Limited Sponsored ADR (NASDAQ:NWGL) saw a significant decline in short interest in January. As of January 15th, there was short interest totaling 2,336 shares, a decline of 52.0% from the December 31st total of 4,867 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average trading volume of 9,580 shares, the short-interest ratio is currently 0.2 days. Based on an average trading volume of 9,580 shares, the short-interest ratio is currently 0.2 days. Approximately 0.0% of the company’s stock are sold short.

Wall Street Analysts Forecast Growth

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

Institutional Investors Weigh In On Nature Wood Group

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

Nature Wood Group Trading Up 6.7%

Shares of NASDAQ:NWGL opened at $1.34 on Thursday. The company has a 50-day moving average price of $1.23 and a two-hundred day moving average price of $1.29. The company has a current ratio of 1.59, a quick ratio of 1.29 and a debt-to-equity ratio of 0.01. Nature Wood Group has a twelve month low of $0.91 and a twelve month high of $6.61.

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