UOL Group Limited (OTCMKTS:UOLGY) Sees Large Growth in Short Interest

UOL Group Limited (OTCMKTS:UOLGY) saw a significant increase in short interest in the month of October. As of October 15th, there was short interest totaling 2,086 shares, an increase of 1,058.9% from the September 30th total of 180 shares. Based on an average trading volume of 11,864 shares, the days-to-cover ratio is currently 0.2 days.

UOL Group Stock Down 0.2%

Shares of OTCMKTS:UOLGY opened at $24.65 on Wednesday. UOL Group has a twelve month low of $23.40 and a twelve month high of $38.25. The stock’s 50 day moving average is $26.66 and its 200-day moving average is $30.57.

About UOL Group

UOL Group Limited is a Singapore-based property and hospitality company formerly known as United Overseas Land. Established in 1935, the group has developed into a diversified real estate business with activities spanning property development, property investment and hotel operations.

UOL develops and manages residential, commercial and mixed-use properties, while its investment portfolio includes office buildings, retail centers and other income-producing real estate. Its hospitality business is operated through Pan Pacific Hotels and Resorts, which manages hotels and resorts under brands including Pan Pacific, PARKROYAL COLLECTION and PARKROYAL.

The group serves markets primarily in Singapore, with additional property and hospitality interests across selected countries in Asia, Oceania, Europe and North America.