Short Interest in WANG & LEE GROUP, Inc. (NASDAQ:WLGS) Declines By 70.9%

WANG & LEE GROUP, Inc. (NASDAQ:WLGS) was the recipient of a significant decrease in short interest in December. As of December 31st, there was short interest totalling 14,700 shares, a decrease of 70.9% from the December 15th total of 50,600 shares. Approximately 0.5% of the shares of the stock are short sold. Based on an average trading volume of 174,600 shares, the days-to-cover ratio is presently 0.1 days.

WANG & LEE GROUP Price Performance

Shares of NASDAQ WLGS opened at $1.79 on Tuesday. WANG & LEE GROUP has a 52-week low of $0.44 and a 52-week high of $5.57. The business has a fifty day moving average of $3.05 and a two-hundred day moving average of $1.83.

WANG & LEE GROUP Company Profile

WANG & LEE GROUP, Inc operates as a construction contractor in Hong Kong and Mainland. The company engages in the contract engineering, installation, and out-fitting of electrical systems, mechanical ventilation and air-conditioning systems, fire safety systems, and water supply and sewage disposal systems for the public and private sectors.