NagaCorp Ltd. (OTCMKTS:NGCRF – Get Free Report) saw a significant increase in short interest during the month of June. As of June 30th, there was short interest totaling 32,297 shares, an increase of 457.1% from the June 15th total of 5,797 shares. Based on an average trading volume of 1,176 shares, the days-to-cover ratio is presently 27.5 days.
NagaCorp Stock Performance
OTCMKTS:NGCRF remained flat at $0.41 on Friday. NagaCorp has a 1-year low of $0.41 and a 1-year high of $0.80. The stock’s fifty day moving average price is $0.49 and its two-hundred day moving average price is $0.53.
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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