NagaCorp Ltd. (OTCMKTS:NGCRF) Short Interest Up 247.0% in July

NagaCorp Ltd. (OTCMKTS:NGCRFGet Free Report) was the recipient of a large increase in short interest in July. As of July 15th, there was short interest totaling 112,068 shares, an increase of 247.0% from the June 30th total of 32,297 shares. Based on an average trading volume of 3,835 shares, the short-interest ratio is currently 29.2 days.

NagaCorp Price Performance

OTCMKTS:NGCRF remained flat at $0.43 on Friday. NagaCorp has a 52-week low of $0.41 and a 52-week high of $0.80. The firm’s fifty day moving average price is $0.47 and its two-hundred day moving average price is $0.52.

NagaCorp Company Profile

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NagaCorp Ltd is a Cayman Islands–incorporated company primarily engaged in the development, ownership and operation of integrated entertainment resorts in Cambodia. Its flagship property, NagaWorld, is located in the capital city of Phnom Penh and combines hotel accommodations, gaming facilities, dining venues and live entertainment under one roof. The resort caters to both mass-market and high-end clientele, offering a range of casino tables, electronic gaming machines and exclusive VIP gaming salons.

Beyond gaming, NagaWorld features multiple restaurants, retail outlets, conference and banquet spaces, as well as a theater that hosts cultural performances and international shows.

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