NagaCorp Ltd. (OTCMKTS:NGCRF – Get Free Report) saw a large decline in short interest in May. As of May 29th, there was short interest totaling 2,058 shares, a decline of 97.4% from the May 14th total of 80,410 shares. Based on an average daily trading volume, of 9,286 shares, the short-interest ratio is currently 0.2 days.
NagaCorp Stock Performance
Shares of NagaCorp stock remained flat at $0.49 during trading on Tuesday. The stock had a trading volume of 5,270 shares, compared to its average volume of 45,886. NagaCorp has a 12 month low of $0.43 and a 12 month high of $0.80. The company has a fifty day simple moving average of $0.51 and a 200-day simple moving average of $0.56.
About NagaCorp
NagaCorp Ltd is a Cayman Islands–incorporated company primarily engaged in the development, ownership and operation of integrated entertainment resorts in Cambodia. Its flagship property, NagaWorld, is located in the capital city of Phnom Penh and combines hotel accommodations, gaming facilities, dining venues and live entertainment under one roof. The resort caters to both mass-market and high-end clientele, offering a range of casino tables, electronic gaming machines and exclusive VIP gaming salons.
Beyond gaming, NagaWorld features multiple restaurants, retail outlets, conference and banquet spaces, as well as a theater that hosts cultural performances and international shows.
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