NagaCorp Ltd. (OTCMKTS:NGCRF – Get Free Report) was the target of a significant drop in short interest in August. As of August 31st, there was short interest totaling 9,695 shares, a drop of 73.1% from the August 15th total of 36,058 shares. Based on an average trading volume of 3,583 shares, the days-to-cover ratio is presently 2.7 days.
NagaCorp Price Performance
NagaCorp stock opened at $0.40 on Monday. The company has a fifty day simple moving average of $0.44 and a 200-day simple moving average of $0.49. NagaCorp has a 52-week low of $0.40 and a 52-week 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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