NagaCorp Ltd. (OTCMKTS:NGCRF) Short Interest Up 261.4% in February

NagaCorp Ltd. (OTCMKTS:NGCRF) was the target of a large increase in short interest during the month of February. As of February 15th, there was short interest totalling 71,200 shares, an increase of 261.4% from the January 31st total of 19,700 shares. Based on an average daily volume of 10,900 shares, the short-interest ratio is presently 6.5 days.

NagaCorp Price Performance

Shares of OTCMKTS:NGCRF opened at $0.41 on Friday. The firm has a 50 day simple moving average of $0.36 and a 200 day simple moving average of $0.39. NagaCorp has a one year low of $0.33 and a one year high of $0.57.

NagaCorp Company Profile

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.