NagaCorp Ltd. (OTCMKTS:NGCRF – Get Free Report) saw a large increase in short interest in June. As of June 15th, there was short interest totaling 5,797 shares, an increase of 181.7% from the May 31st total of 2,058 shares. Based on an average daily trading volume, of 979 shares, the days-to-cover ratio is currently 5.9 days.
NagaCorp Stock Performance
NagaCorp stock remained flat at $0.46 during mid-day trading on Tuesday. NagaCorp has a fifty-two week low of $0.46 and a fifty-two week high of $0.80. The stock has a 50 day moving average of $0.50 and a 200-day moving average of $0.54.
NagaCorp Company Profile
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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