Short Interest in NagaCorp Ltd. (OTCMKTS:NGCRF) Declines By 97.4%

NagaCorp Ltd. (OTCMKTS:NGCRFGet Free Report) saw a large decline in short interest in May. As of May 29th, there was short interest totaling 2,058 shares, a decline of 97.4% from the May 14th total of 80,410 shares. Based on an average trading volume of 9,286 shares, the days-to-cover ratio is presently 0.2 days.

NagaCorp Price Performance

OTCMKTS NGCRF remained flat at $0.49 during trading on Thursday. The business has a fifty day simple moving average of $0.51 and a 200-day simple moving average of $0.56. NagaCorp has a 52-week low of $0.43 and a 52-week high of $0.80.

About NagaCorp

(Get Free Report)

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.

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