Nature Wood Group Limited (NASDAQ:NWGL) Sees Significant Decline in Short Interest

Nature Wood Group Limited (NASDAQ:NWGL) was the target of a large drop in short interest in March. As of March 31st, there was short interest totalling 2,300 shares, a drop of 34.3% from the March 15th total of 3,500 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average trading volume of 73,600 shares, the days-to-cover ratio is presently 0.0 days.

Nature Wood Group Stock Performance

NASDAQ NWGL traded down $0.03 on Thursday, hitting $1.33. 4,584 shares of the company were exchanged, compared to its average volume of 68,784. Nature Wood Group has a twelve month low of $1.04 and a twelve month high of $17.21. The company’s 50 day moving average price is $1.41 and its 200-day moving average price is $1.39. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.25 and a quick ratio of 0.83.

About Nature Wood Group

Nature Wood Group Limited, an integrated forestry company, engages in management and harvesting, and down-stream wood-processing and distribution activities. It operates in two divisions, Direct Purchase and Original Design Manufacturer Services; and Manufacturing segments. The company offers a range of products, including logs, decking and flooring products, sawn timber, recycled and synthesized charcoal, machine-made charcoal, and essential oils.