NagaCorp Ltd. (OTCMKTS:NGCRF – Get Free Report) was the target of a significant growth in short interest during 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 volume of 3,835 shares, the days-to-cover ratio is currently 29.2 days.
NagaCorp Price Performance
Shares of NagaCorp stock remained flat at $0.43 during trading on Monday. The company’s 50-day simple moving average is $0.47 and its 200 day simple moving average is $0.52. NagaCorp has a 1 year low of $0.41 and a 1 year high of $0.80.
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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