NagaCorp Ltd. (OTCMKTS:NGCRF) Short Interest Down 47.8% in February

NagaCorp Ltd. (OTCMKTS:NGCRF) was the target of a large decline in short interest in February. As of February 28th, there was short interest totalling 37,200 shares, a decline of 47.8% from the February 13th total of 71,200 shares. Based on an average daily trading volume, of 6,500 shares, the short-interest ratio is presently 5.7 days.

NagaCorp Stock Performance

OTCMKTS:NGCRF remained flat at $0.42 on Friday. NagaCorp has a one year low of $0.33 and a one year high of $0.57. The stock’s fifty day moving average is $0.38 and its 200-day moving average is $0.39.

About NagaCorp

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.