WANG & LEE GROUP, Inc. (NASDAQ:WLGS) Short Interest Update

WANG & LEE GROUP, Inc. (NASDAQ:WLGS) was the recipient of a large drop in short interest during the month of March. As of March 15th, there was short interest totalling 97,800 shares, a drop of 57.9% from the February 28th total of 232,400 shares. Approximately 1.8% of the shares of the company are short sold. Based on an average daily volume of 1,170,000 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in WANG & LEE GROUP stock. Ground Swell Capital LLC bought a new stake in WANG & LEE GROUP, Inc. (NASDAQ:WLGS) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 17,906 shares of the company’s stock, valued at approximately $33,000. Ground Swell Capital LLC owned 0.10% of WANG & LEE GROUP at the end of the most recent reporting period. 0.33% of the stock is currently owned by institutional investors and hedge funds.

WANG & LEE GROUP Trading Down 10.7 %

WLGS stock opened at $0.26 on Friday. WANG & LEE GROUP has a 52 week low of $0.23 and a 52 week high of $9.66. The firm has a 50 day moving average of $5.42 and a 200 day moving average of $3.58.

About WANG & LEE GROUP

Wang & Lee Group, Inc is a holding company, which engages in the installation of electrical and mechanical systems, it includes low voltage electrical systems, mechanical ventilation and air-conditioning systems, fire service systems, water supply and sewage disposal system installation and fitting out for the public and private sectors.