NagaCorp Ltd. (OTCMKTS:NGCRF) Short Interest Up 457.1% in June
by Danessa Lincoln · The Markets DailyNagaCorp Ltd. (OTCMKTS:NGCRF – Get Free Report) was the target of a significant growth in short interest in June. As of June 30th, there was short interest totaling 32,297 shares, a growth of 457.1% from the June 15th total of 5,797 shares. Based on an average daily volume of 1,176 shares, the days-to-cover ratio is currently 27.5 days.
NagaCorp Price Performance
Shares of OTCMKTS:NGCRF traded up $0.01 during trading on Monday, reaching $0.47. The company had a trading volume of 205 shares, compared to its average volume of 41,515. NagaCorp has a 12 month low of $0.41 and a 12 month high of $0.80. The company has a fifty day moving average of $0.49 and a two-hundred day moving average of $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.