UOL Group Limited (OTCMKTS:UOLGY) Sees Significant Growth in Short Interest

UOL Group Limited (OTCMKTS:UOLGY) was the target of a significant increase in short interest in the month of May. As of May 15th, there was short interest totaling 6,617 shares, an increase of 315.4% from the April 30th total of 1,593 shares. Based on an average daily trading volume, of 55,265 shares, the short-interest ratio is presently 0.1 days.

Wall Street Analysts Forecast Growth

Separately, Zacks Research cut UOL Group from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, March 18th. One equities research analyst has rated the stock with a Strong Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Buy”.

UOL Group Price Performance

Shares of OTCMKTS:UOLGY opened at $31.51 on Friday. The firm has a fifty day moving average of $32.08 and a two-hundred day moving average of $30.99. UOL Group has a 12-month low of $17.70 and a 12-month high of $38.25.

UOL Group Company Profile

UOL Group Limited is a Singapore-based diversified property company with core activities in real estate development, hospitality operations and asset management. The company develops residential, commercial and mixed-use projects, and holds investment properties in strategic locations across Singapore and other Asia-Pacific markets. Its real estate portfolio encompasses condominiums, office towers and retail spaces, reflecting a focus on urban regeneration and integrated community living.

In property development, UOL Group has delivered a range of landmark projects, from city-fringe residential estates to high-end commercial complexes.