Short Interest in NagaCorp Ltd. (OTCMKTS:NGCRF) Drops By 98.2%

NagaCorp Ltd. (OTCMKTS:NGCRF) saw a large decline in short interest in July. As of July 31st, there was short interest totaling 2,058 shares, a decline of 98.2% from the July 15th total of 112,068 shares. Based on an average daily volume of 289 shares, the days-to-cover ratio is presently 7.1 days.

NagaCorp Stock Performance

OTCMKTS NGCRF remained flat at $0.46 on Tuesday. The company’s stock had a trading volume of 254 shares, compared to its average volume of 34,908. The firm has a fifty day moving average price of $0.46 and a 200-day moving average price of $0.50. NagaCorp has a 52 week low of $0.41 and a 52 week high of $0.80.

NagaCorp Company Profile

NagaCorp Ltd is a Cayman Islands–incorporated company primarily engaged in the development, ownership and operation of integrated entertainment resorts in Cambodia. Its flagship property, NagaWorld, is located in the capital city of Phnom Penh and combines hotel accommodations, gaming facilities, dining venues and live entertainment under one roof. The resort caters to both mass-market and high-end clientele, offering a range of casino tables, electronic gaming machines and exclusive VIP gaming salons.

Beyond gaming, NagaWorld features multiple restaurants, retail outlets, conference and banquet spaces, as well as a theater that hosts cultural performances and international shows.