Short Interest in IWG plc (OTCMKTS:IWGFF) Grows By 5.4%

IWG plc (OTCMKTS:IWGFF) was the recipient of a significant increase in short interest in the month of July. As of July 31st, there was short interest totalling 440,400 shares, an increase of 5.4% from the July 15th total of 418,000 shares. Based on an average daily volume of 23,200 shares, the days-to-cover ratio is currently 19.0 days.

IWG Price Performance

Shares of OTCMKTS:IWGFF opened at $2.24 on Tuesday. IWG has a 1-year low of $1.58 and a 1-year high of $2.63. The business has a 50-day moving average price of $2.20 and a two-hundred day moving average price of $2.33.

About IWG

IWG plc, together with its subsidiaries, provides workspace solutions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company offers office, coworking and collaboration, flexible and scalable, meeting, and lounges spaces; workplace recovery; memberships workspaces; and reception services and conference products.