Short Interest in Nature Wood Group Limited (NASDAQ:NWGL) Drops By 20.8%

Nature Wood Group Limited (NASDAQ:NWGL) was the target of a significant decrease in short interest in September. As of September 30th, there was short interest totalling 27,400 shares, a decrease of 20.8% from the September 15th total of 34,600 shares. Based on an average daily trading volume, of 24,600 shares, the days-to-cover ratio is presently 1.1 days.

Nature Wood Group Price Performance

Shares of Nature Wood Group stock traded up $0.13 during trading hours on Monday, reaching $1.63. 2,502 shares of the company’s stock were exchanged, compared to its average volume of 47,030. Nature Wood Group has a 1 year low of $1.24 and a 1 year high of $21.97. The business has a fifty day moving average of $1.55 and a two-hundred day moving average of $3.97.

Nature Wood Group Company Profile

Nature Wood Group Limited, an integrated forestry company, engages in up-stream forest management and harvesting, and down-stream wood-processing and distribution activities. The company offers a range of products, including logs, decking and flooring products, sawn timber, recycled and synthesized charcoal, machine-made charcoal, and essential oils.