Nature Wood Group Limited Sponsored ADR (NASDAQ:NWGL) Short Interest Down 18.2% in December

Nature Wood Group Limited Sponsored ADR (NASDAQ:NWGL) was the target of a significant drop in short interest in the month of December. As of December 31st, there was short interest totaling 4,867 shares, a drop of 18.2% from the December 15th total of 5,953 shares. Based on an average daily volume of 9,097 shares, the short-interest ratio is presently 0.5 days. Currently, 0.0% of the company’s shares are short sold. Currently, 0.0% of the company’s shares are short sold. Based on an average daily volume of 9,097 shares, the short-interest ratio is presently 0.5 days.

Nature Wood Group Trading Down 5.2%

Shares of NWGL traded down $0.06 during mid-day trading on Tuesday, hitting $1.12. The company’s stock had a trading volume of 8,692 shares, compared to its average volume of 9,069. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.59 and a quick ratio of 1.29. The company’s 50-day moving average is $1.23 and its 200-day moving average is $1.28. Nature Wood Group has a 52-week low of $0.91 and a 52-week high of $6.61.

Nature Wood Group (NASDAQ:NWGL) last issued its quarterly earnings data on Monday, December 29th. The company reported $0.01 EPS for the quarter. The business had revenue of $4.05 million during the quarter.

Institutional Investors Weigh In On Nature Wood Group

A hedge fund recently bought a new stake in Nature Wood Group stock. Citadel Advisors LLC acquired 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 filing with the SEC. The institutional investor acquired 39,355 shares of the company’s stock, valued at approximately $54,000. Citadel Advisors LLC owned about 0.24% of Nature Wood Group at the end of the most recent quarter.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Nature Wood Group in a research note on Monday, December 29th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Sell”.

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.