Short Interest in Nature Wood Group Limited (NASDAQ:NWGL) Decreases By 43.3%

Nature Wood Group Limited (NASDAQ:NWGL) saw a large decline in short interest in April. As of April 15th, there was short interest totalling 39,900 shares, a decline of 43.3% from the March 31st total of 70,400 shares. Based on an average daily trading volume, of 31,700 shares, the short-interest ratio is currently 1.3 days.

Nature Wood Group Stock Performance

NASDAQ:NWGL traded down $11.81 during trading hours on Friday, hitting $5.05. The company’s stock had a trading volume of 2,470,223 shares, compared to its average volume of 58,889. Nature Wood Group has a twelve month low of $4.16 and a twelve month high of $21.97. The stock has a fifty day simple moving average of $14.46 and a 200-day simple moving average of $11.29.

Nature Wood Group Company Profile

Nature Wood Group Limited, an integrated forestry company, engages in up-stream forest management and harvesting, and down-stream wood-processing and distribution activities. The company offers a range of products, including logs, decking and flooring products, sawn timber, recycled and synthesized charcoal, machine-made charcoal, and essential oils.