KWG Group Holdings Limited (OTCMKTS:KWGPF) Sees Large Growth in Short Interest

KWG Group Holdings Limited (OTCMKTS:KWGPFGet Rating) was the recipient of a large growth in short interest in April. As of April 15th, there was short interest totalling 2,572,900 shares, a growth of 23.3% from the March 31st total of 2,087,400 shares. Based on an average daily volume of 151,800 shares, the short-interest ratio is currently 16.9 days.

KWG Group stock remained flat at $$0.34 during mid-day trading on Tuesday. The company has a fifty day moving average price of $0.41 and a 200 day moving average price of $0.60. KWG Group has a 1-year low of $0.33 and a 1-year high of $1.65.

Separately, JPMorgan Chase & Co. downgraded KWG Group from an “overweight” rating to a “neutral” rating in a research note on Thursday, January 6th.

KWG Group Company Profile (Get Rating)

KWG Group Holdings Limited, an investment holding company, engages in the investment, development, and sale of real estate properties. The company operates through three segments: Property Development, Property Investment, and Hotel Operation. Its property portfolio includes mid- to high-end residential properties, serviced apartments, villas, offices, hotels, and shopping malls.

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