Short Interest in Nature Wood Group Limited Sponsored ADR (NASDAQ:NWGL) Grows By 460.1%

Nature Wood Group Limited Sponsored ADR (NASDAQ:NWGL) was the recipient of a significant growth in short interest in the month of January. As of January 30th, there was short interest totaling 13,084 shares, a growth of 460.1% from the January 15th total of 2,336 shares. Based on an average daily volume of 57,776 shares, the short-interest ratio is presently 0.2 days. Approximately 0.1% of the shares of the stock are sold short. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily volume of 57,776 shares, the short-interest ratio is presently 0.2 days.

Analyst Ratings Changes

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of Nature Wood Group in a research note on Monday, December 29th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Nature Wood Group currently has a consensus rating of “Sell”.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Nature Wood Group stock. Citadel Advisors LLC purchased a new position in shares of Nature Wood Group Limited Sponsored ADR (NASDAQ:NWGL) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 39,355 shares of the company’s stock, valued at approximately $54,000. Citadel Advisors LLC owned 0.24% of Nature Wood Group at the end of the most recent reporting period.

Nature Wood Group Trading Up 1.7%

Shares of NASDAQ:NWGL traded up $0.02 during trading on Thursday, reaching $1.21. The stock had a trading volume of 23,527 shares, compared to its average volume of 35,839. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.29 and a current ratio of 1.59. The business has a fifty day moving average price of $1.26 and a 200-day moving average price of $1.31. Nature Wood Group has a fifty-two week low of $0.91 and a fifty-two week high of $6.61.

Nature Wood Group (NASDAQ:NWGL) last released its earnings results on Monday, December 29th. The company reported $0.01 EPS for the quarter. The firm had revenue of $4.05 million during the quarter.

Nature Wood Group Company Profile

Nature Wood Group, Inc engages in the design, manufacture and sale of wood-based panels and decorative surfaces for use in furniture, cabinetry, flooring and interior fit-outs. The company’s offerings include medium-density fiberboard, melamine-faced panels, decorative paper and edge-banding products, all tailored to meet the specifications of residential and commercial customers.

Through an integrated production model, Nature Wood Group oversees key stages from raw material procurement and wood refining to finishing and quality control.