IWG plc (OTCMKTS:IWGFF) Short Interest Up 133.1% in January

IWG plc (OTCMKTS:IWGFF) was the target of a significant increase in short interest in the month of January. As of January 15th, there was short interest totalling 1,204,400 shares, an increase of 133.1% from the December 31st total of 516,600 shares. Based on an average daily volume of 506,500 shares, the short-interest ratio is presently 2.4 days.

IWG Trading Down 2.8 %

OTCMKTS:IWGFF traded down $0.06 during mid-day trading on Wednesday, hitting $2.09. The company had a trading volume of 226,657 shares, compared to its average volume of 459,375. IWG has a fifty-two week low of $1.80 and a fifty-two week high of $2.63. The business’s fifty day moving average is $2.04 and its two-hundred day moving average is $2.17.

IWG Company Profile

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.