Megaworld Co. (OTCMKTS:MGAWY – Get Free Report) was the target of a significant growth in short interest during the month of May. As of May 15th, there was short interest totaling 400 shares, a growth of ∞ from the April 30th total of 0 shares. Based on an average daily trading volume, of 2,937 shares, the short-interest ratio is currently 0.1 days.
Megaworld Stock Performance
Shares of MGAWY remained flat at $6.16 during trading hours on Monday. The company has a 50-day simple moving average of $6.81 and a 200 day simple moving average of $7.00. Megaworld has a 52-week low of $6.09 and a 52-week high of $7.93.
Megaworld Company Profile
Megaworld Corporation (OTCMKTS: MGAWY) is a Philippines‐based real estate development company that designs, constructs, markets and manages mixed‐use communities. The company’s portfolio spans office buildings, residential condominiums, retail centers, hotels and resorts, with an emphasis on integrated “live‐work‐play” townships. Megaworld’s developments often combine residential units with commercial and leisure components, catering to both urban and emerging provincial markets across Luzon, Visayas and Mindanao.
Founded in 1989, Megaworld pioneered the concept of large‐scale township developments in the Philippines.
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