NagaCorp Ltd. (OTCMKTS:NGCRF) Short Interest Down 96.3% in December

NagaCorp Ltd. (OTCMKTS:NGCRF) was the recipient of a significant drop in short interest during the month of December. As of December 15th, there was short interest totalling 1,700 shares, a drop of 96.3% from the November 30th total of 45,700 shares. Based on an average trading volume of 7,300 shares, the days-to-cover ratio is presently 0.2 days.

NagaCorp Stock Performance

NGCRF stock remained flat at $0.37 during trading on Thursday. The firm has a fifty day moving average price of $0.39 and a 200-day moving average price of $0.43. NagaCorp has a 12-month low of $0.32 and a 12-month high of $0.57.

About NagaCorp

NagaCorp Ltd., an investment holding company, manages and operates a hotel and casino complex in the Kingdom of Cambodia. The company operates in two segments, Casino Operations; and Hotel and Entertainment Operations. It owns, manages, and operates NagaWorld, an integrated hotel and entertainment complex that consists of rooms and suites, gaming tables, and electronic gaming machines, as well as public and premium gaming halls, all-suite luxury spa, shopping gallery, food and beverage outlets and clubs, entertainment services, and meeting spaces, as well as hotel convention spaces.