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

UOL Group Limited (OTCMKTS:UOLGY) saw a significant increase in short interest during the month of October. As of October 15th, there was short interest totaling 2,086 shares, an increase of 1,058.9% from the September 30th total of 180 shares. Based on an average daily volume of 11,864 shares, the days-to-cover ratio is presently 0.2 days.

UOL Group Price Performance

Shares of OTCMKTS UOLGY traded up $0.03 during trading hours on Monday, hitting $24.75. 12,868 shares of the company’s stock were exchanged, compared to its average volume of 11,605. The company’s 50-day moving average price is $26.74 and its 200-day moving average price is $30.59. UOL Group has a 1-year low of $23.40 and a 1-year high of $38.25.

About UOL Group

UOL Group Limited is a Singapore-based property and hospitality company formerly known as United Overseas Land. Established in 1935, the group has developed into a diversified real estate business with activities spanning property development, property investment and hotel operations.

UOL develops and manages residential, commercial and mixed-use properties, while its investment portfolio includes office buildings, retail centers and other income-producing real estate. Its hospitality business is operated through Pan Pacific Hotels and Resorts, which manages hotels and resorts under brands including Pan Pacific, PARKROYAL COLLECTION and PARKROYAL.

The group serves markets primarily in Singapore, with additional property and hospitality interests across selected countries in Asia, Oceania, Europe and North America.