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

UOL Group Limited (OTCMKTS:UOLGY) was the recipient of a significant increase in short interest during the month of October. As of October 15th, there was short interest totaling 13,500 shares, an increase of 513.6% from the September 30th total of 2,200 shares. Based on an average daily trading volume, of 12,000 shares, the short-interest ratio is currently 1.1 days. Based on an average daily trading volume, of 12,000 shares, the short-interest ratio is currently 1.1 days.

UOL Group Price Performance

OTCMKTS:UOLGY opened at $25.59 on Tuesday. The stock’s 50 day simple moving average is $24.19 and its 200-day simple moving average is $21.13. UOL Group has a 12-month low of $14.42 and a 12-month high of $25.99.

Analyst Upgrades and Downgrades

Separately, CLSA raised UOL Group to a “strong-buy” rating in a research note on Friday, September 5th. One equities research analyst has rated the stock with a Strong Buy rating, According to data from MarketBeat, the stock presently has an average rating of “Strong Buy”.

About UOL Group

UOL Group Limited engages in property and hospitality activities in Singapore, Australia, the United Kingdom, China, Malaysia, Indonesia, Thailand, Vietnam, Myanmar, Cambodia, Bangladesh, Japan, the United States, Canada, Kenya, and internationally. The company operates through Property Development, Property Investments, Hotel Operations, Investments, Technology Operations, and Management Services segments.