NagaCorp Ltd. (OTCMKTS:NGCRF – Get Free Report) was the target of a significant drop in short interest during the month of August. As of August 31st, there was short interest totaling 9,695 shares, a drop of 73.1% from the August 15th total of 36,058 shares. Based on an average daily volume of 3,583 shares, the short-interest ratio is presently 2.7 days.
NagaCorp Stock Down 13.0%
Shares of OTCMKTS:NGCRF traded down $0.06 during trading hours on Friday, hitting $0.40. 1,000 shares of the company’s stock traded hands, compared to its average volume of 30,647. The business has a fifty day moving average price of $0.44 and a 200-day moving average price of $0.49. NagaCorp has a 1 year low of $0.40 and a 1 year 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.
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