IWG plc (OTCMKTS:IWGFF) Sees Large Growth in Short Interest

IWG plc (OTCMKTS:IWGFF) was the target of a large increase in short interest during the month of December. As of December 31st, there was short interest totalling 1,204,400 shares, an increase of 133.1% from the December 15th total of 516,600 shares. Based on an average daily trading volume, of 506,500 shares, the short-interest ratio is presently 2.4 days.

IWG Stock Up 5.0 %

IWG stock traded up $0.10 during mid-day trading on Thursday, hitting $1.99. 232,354 shares of the company’s stock traded hands, compared to its average volume of 678,931. The firm has a 50 day moving average price of $2.07 and a 200 day moving average price of $2.18. IWG has a one year low of $1.80 and a one year high of $2.63.

About IWG

IWG plc, together with its subsidiaries, provides workspace solutions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company offers office, coworking and collaboration, flexible and scalable, meeting, and lounges spaces; workplace recovery; memberships workspaces; and reception services and conference products.