IWG plc (OTCMKTS:IWGFF) Short Interest Up 57.1% in March

IWG plc (OTCMKTS:IWGFF) was the recipient of a significant increase in short interest during the month of March. As of March 15th, there was short interest totalling 849,500 shares, an increase of 57.1% from the February 28th total of 540,900 shares. Based on an average daily trading volume, of 317,700 shares, the days-to-cover ratio is presently 2.7 days.

IWG Stock Up 2.3 %

IWGFF traded up $0.06 during trading hours on Monday, reaching $2.47. The company’s stock had a trading volume of 51,288 shares, compared to its average volume of 239,056. The company’s 50-day moving average is $2.32 and its 200-day moving average is $2.21. IWG has a 52 week low of $1.80 and a 52 week high of $2.73.

IWG Company Profile

IWG plc, together with its subsidiaries, provides workspace solutions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company offers office, coworking and collaboration, flexible and scalable, meeting, and lounges spaces; workplace recovery; memberships workspaces; and reception services and conference products.