UOL Group Limited (OTCMKTS:UOLGY) Short Interest Update

UOL Group Limited (OTCMKTS:UOLGY) was the target of a large increase in short interest during the month of May. As of May 15th, there was short interest totaling 6,617 shares, an increase of 315.4% from the April 30th total of 1,593 shares. Based on an average daily volume of 55,265 shares, the short-interest ratio is currently 0.1 days.

Analysts Set New Price Targets

Separately, Zacks Research downgraded UOL Group from a “strong-buy” rating to a “hold” rating in a report on Wednesday, March 18th. One research analyst has rated the stock with a Strong Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, UOL Group currently has a consensus rating of “Buy”.

UOL Group Price Performance

Shares of OTCMKTS UOLGY opened at $31.88 on Friday. UOL Group has a 12-month low of $17.70 and a 12-month high of $38.25. The stock’s 50 day simple moving average is $32.09 and its 200 day simple moving average is $30.99.

UOL Group Company Profile

UOL Group Limited is a Singapore-based diversified property company with core activities in real estate development, hospitality operations and asset management. The company develops residential, commercial and mixed-use projects, and holds investment properties in strategic locations across Singapore and other Asia-Pacific markets. Its real estate portfolio encompasses condominiums, office towers and retail spaces, reflecting a focus on urban regeneration and integrated community living.

In property development, UOL Group has delivered a range of landmark projects, from city-fringe residential estates to high-end commercial complexes.