Short Interest in Nature Wood Group Limited Sponsored ADR (NASDAQ:NWGL) Increases By 62.0%

Nature Wood Group Limited Sponsored ADR (NASDAQ:NWGL) was the recipient of a large increase in short interest in February. As of February 27th, there was short interest totaling 20,363 shares, an increase of 62.0% from the February 12th total of 12,568 shares. Based on an average daily trading volume, of 53,222 shares, the short-interest ratio is currently 0.4 days. Approximately 0.1% of the company’s stock are sold short. Approximately 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 53,222 shares, the short-interest ratio is currently 0.4 days.

Institutional Trading of Nature Wood Group

An institutional investor recently bought a new position in Nature Wood Group stock. Citadel Advisors LLC acquired a new position in Nature Wood Group Limited Sponsored ADR (NASDAQ:NWGL) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 39,355 shares of the company’s stock, valued at approximately $54,000. Citadel Advisors LLC owned about 0.24% of Nature Wood Group as of its most recent SEC filing.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated 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, According to MarketBeat, the stock currently has an average rating of “Sell”.

Nature Wood Group Stock Performance

Shares of NWGL traded down $0.03 during mid-day trading on Friday, reaching $1.11. The company had a trading volume of 42,860 shares, compared to its average volume of 52,856. 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 firm has a 50-day moving average price of $1.26 and a 200 day moving average price of $1.32. Nature Wood Group has a 52 week low of $0.91 and a 52 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 company 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.