NagaCorp Ltd. (OTCMKTS:NGCRF – Get Free Report) saw a large increase in short interest during the month of August. As of August 14th, there was short interest totaling 36,058 shares, an increase of 1,652.1% from the July 30th total of 2,058 shares. Based on an average trading volume of 152 shares, the short-interest ratio is presently 237.2 days.
NagaCorp Stock Performance
NGCRF stock remained flat at $0.48 during mid-day trading on Tuesday. The stock’s fifty day moving average price is $0.45 and its 200 day moving average price is $0.50. NagaCorp has a twelve month low of $0.41 and a twelve month high of $0.80.
About NagaCorp
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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