Short Interest in NagaCorp Ltd. (OTCMKTS:NGCRF) Increases By 2,588.2%

NagaCorp Ltd. (OTCMKTS:NGCRF) saw a large increase in short interest during the month of November. As of November 30th, there was short interest totalling 45,700 shares, an increase of 2,588.2% from the November 15th total of 1,700 shares. Based on an average daily volume of 17,100 shares, the short-interest ratio is presently 2.7 days.

NagaCorp Price Performance

Shares of NGCRF stock remained flat at $0.40 on Friday. NagaCorp has a twelve month low of $0.32 and a twelve month high of $0.57. The company’s 50 day moving average is $0.41 and its two-hundred day moving average is $0.43.

NagaCorp Company Profile

NagaCorp Ltd., an investment holding company, manages and operates a hotel and casino complex in the Kingdom of Cambodia. The company operates in two segments, Casino Operations; and Hotel and Entertainment Operations. It owns, manages, and operates NagaWorld, an integrated hotel and entertainment complex that consists of rooms and suites, gaming tables, and electronic gaming machines, as well as public and premium gaming halls, all-suite luxury spa, shopping gallery, food and beverage outlets and clubs, entertainment services, and meeting spaces, as well as hotel convention spaces.