Nature Wood Group Limited Sponsored ADR (NASDAQ:NWGL) Short Interest Update

Nature Wood Group Limited Sponsored ADR (NASDAQ:NWGL) saw a significant decrease in short interest in April. As of April 15th, there was short interest totaling 39,957 shares, a decrease of 44.5% from the March 31st total of 72,050 shares. Based on an average daily volume of 19,669 shares, the days-to-cover ratio is presently 2.0 days. Currently, 0.2% of the shares of the company are sold short.

Institutional Trading of Nature Wood Group

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

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Nature Wood Group in a report on Monday, December 29th. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock currently has an average rating of “Sell”.

Nature Wood Group Trading Down 1.1%

Shares of Nature Wood Group stock traded down $0.01 on Monday, hitting $0.98. The company had a trading volume of 48,472 shares, compared to its average volume of 61,081. Nature Wood Group has a 52 week low of $0.61 and a 52 week high of $6.61. The business has a 50-day simple moving average of $1.05 and a 200-day simple moving average of $1.21.

Nature Wood Group (NASDAQ:NWGL) last released its earnings results on Monday, April 27th. The company reported ($0.16) earnings per share for the quarter. The business had revenue of $3.22 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.