Megaworld Co. (OTCMKTS:MGAWY – Get Free Report) was the recipient of a large increase in short interest during the month of September. As of September 15th, there was short interest totaling 524 shares. Based on an average daily volume of 80 shares, the short-interest ratio is currently 6.5 days.
Megaworld Stock Performance
Megaworld stock remained flat at $6.76 during midday trading on Wednesday. 101 shares of the company were exchanged, compared to its average volume of 1,067. Megaworld has a 1 year low of $6.16 and a 1 year high of $7.93. The business has a 50-day moving average of $7.01 and a two-hundred day moving average of $6.83.
About Megaworld
Megaworld Corporation is a Philippine real estate development company established in 1989 by Andrew L. Tan. The company develops large-scale, mixed-use communities that combine residential, office, retail, hospitality and leisure components. Its projects are designed as integrated townships with supporting infrastructure and amenities.
The company’s activities include the development and sale of condominium units, subdivision lots and houses, as well as the leasing of office and commercial space.
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