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

UOL Group Limited (OTCMKTS:UOLGYGet Rating) saw a large increase in short interest during the month of April. As of April 15th, there was short interest totalling 3,100 shares, an increase of 1,450.0% from the March 31st total of 200 shares. Based on an average daily trading volume, of 2,900 shares, the days-to-cover ratio is presently 1.1 days.

UOLGY traded down $0.51 during trading hours on Wednesday, reaching $20.35. The company’s stock had a trading volume of 1,013 shares, compared to its average volume of 1,203. UOL Group has a 52 week low of $19.32 and a 52 week high of $24.63. The company’s 50-day moving average is $20.81 and its 200-day moving average is $21.12.

UOL Group Company Profile (Get Rating)

UOL Group Limited primarily engages in the property development and investment, and hotel businesses. Its property development projects include residential units, office towers and shopping malls, and hotels and serviced suites. The company also owns and/or manages approximately 30 hotels, resorts, and services suites under the Pan Pacific, PARKROYAL COLLECTION, and PARKROYAL names in Asia, Oceania, and North America with approximately 10,000 rooms in its portfolio.

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