Nature Wood Group Limited Sponsored ADR (NASDAQ:NWGL) Short Interest Down 52.0% in January

Nature Wood Group Limited Sponsored ADR (NASDAQ:NWGL) saw a large drop in short interest in January. As of January 15th, there was short interest totaling 2,336 shares, a drop of 52.0% from the December 31st total of 4,867 shares. Based on an average daily volume of 9,580 shares, the short-interest ratio is presently 0.2 days. Currently, 0.0% of the shares of the stock are short sold. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 9,580 shares, the short-interest ratio is presently 0.2 days.

Nature Wood Group Price Performance

NASDAQ:NWGL traded up $0.11 during trading hours on Friday, hitting $1.44. 120,883 shares of the company were exchanged, compared to its average volume of 27,231. Nature Wood Group has a one year low of $0.91 and a one year high of $6.61. The company has a fifty day simple moving average of $1.25 and a 200 day simple moving average of $1.29. The company has a quick ratio of 1.29, a current ratio of 1.59 and a debt-to-equity ratio of 0.01.

Nature Wood Group (NASDAQ:NWGL) last issued its quarterly earnings results on Monday, December 29th. The company reported $0.01 earnings per share for the quarter. The company had revenue of $4.05 million during the quarter.

Institutional Investors Weigh In On Nature Wood Group

An institutional investor recently bought a new position in Nature Wood Group stock. Citadel Advisors LLC bought a new stake in Nature Wood Group Limited Sponsored ADR (NASDAQ:NWGL) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 39,355 shares of the company’s stock, valued at approximately $54,000. Citadel Advisors LLC owned 0.24% of Nature Wood Group as of its most recent SEC filing.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of Nature Wood Group in a research note on Monday, December 29th. One research analyst has rated the stock with a Sell rating, According to MarketBeat, Nature Wood Group has a consensus rating of “Sell”.

About Nature Wood Group

Nature Wood Group, Inc engages in the design, manufacture and sale of wood-based panels and decorative surfaces for use in furniture, cabinetry, flooring and interior fit-outs. The company’s offerings include medium-density fiberboard, melamine-faced panels, decorative paper and edge-banding products, all tailored to meet the specifications of residential and commercial customers.

Through an integrated production model, Nature Wood Group oversees key stages from raw material procurement and wood refining to finishing and quality control.