WANG & LEE GROUP, Inc. (NASDAQ:WLGS) Sees Significant Drop in Short Interest

WANG & LEE GROUP, Inc. (NASDAQ:WLGS) saw a significant drop in short interest in the month of January. As of January 15th, there was short interest totalling 14,700 shares, a drop of 70.9% from the December 31st total of 50,600 shares. Based on an average daily volume of 174,600 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.5% of the shares of the company are short sold.

WANG & LEE GROUP Trading Up 21.0 %

Shares of WANG & LEE GROUP stock traded up $1.26 during trading on Tuesday, hitting $7.26. The stock had a trading volume of 41,881 shares, compared to its average volume of 316,599. The business has a fifty day moving average of $3.29 and a two-hundred day moving average of $2.14. WANG & LEE GROUP has a fifty-two week low of $0.44 and a fifty-two week high of $7.28.

WANG & LEE GROUP Company Profile

WANG & LEE GROUP, Inc operates as a construction contractor in Hong Kong and Mainland. The company engages in the contract engineering, installation, and out-fitting of electrical systems, mechanical ventilation and air-conditioning systems, fire safety systems, and water supply and sewage disposal systems for the public and private sectors.