NagaCorp Ltd. (OTCMKTS:NGCRF) Short Interest Up 247.0% in July

NagaCorp Ltd. (OTCMKTS:NGCRFGet Free Report) saw a large growth in short interest in the month of July. As of July 15th, there was short interest totaling 112,068 shares, a growth of 247.0% from the June 30th total of 32,297 shares. Based on an average daily trading volume, of 3,835 shares, the short-interest ratio is presently 29.2 days.

NagaCorp Price Performance

Shares of NGCRF remained flat at $0.43 during trading hours on Tuesday. NagaCorp has a twelve month low of $0.41 and a twelve month high of $0.80. The business has a 50 day moving average price of $0.47 and a 200-day moving average price of $0.52.

NagaCorp Company Profile

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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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