Short Interest in KWG Group Holdings Limited (OTCMKTS:KWGPF) Increases By 20.9%

KWG Group Holdings Limited (OTCMKTS:KWGPF) saw a significant increase in short interest in August. As of August 31st, there was short interest totalling 36,021,000 shares, an increase of 20.9% from the August 15th total of 29,782,000 shares. Based on an average daily volume of 900 shares, the days-to-cover ratio is presently 40,023.3 days.

KWG Group Price Performance

Shares of KWGPF stock remained flat at $0.14 during mid-day trading on Monday. KWG Group has a 1-year low of $0.14 and a 1-year high of $0.14. The business’s fifty day moving average price is $0.13 and its 200-day moving average price is $0.12.

About KWG Group

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.