Nature Wood Group Limited (NASDAQ:NWGL) Sees Significant Decrease in Short Interest

Nature Wood Group Limited (NASDAQ:NWGL) was the target of a large decline in short interest in February. As of February 28th, there was short interest totalling 4,300 shares, a decline of 53.8% from the February 13th total of 9,300 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 31,500 shares, the short-interest ratio is presently 0.1 days.

Nature Wood Group Price Performance

NWGL stock opened at $1.65 on Friday. The company has a quick ratio of 0.83, a current ratio of 1.25 and a debt-to-equity ratio of 0.01. Nature Wood Group has a fifty-two week low of $1.04 and a fifty-two week high of $17.21. The stock’s 50 day simple moving average is $1.35 and its 200 day simple moving average is $1.41.

About Nature Wood Group

Nature Wood Group Limited, an integrated forestry company, engages in management and harvesting, and down-stream wood-processing and distribution activities. It operates in two divisions, Direct Purchase and Original Design Manufacturer Services; and Manufacturing segments. 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.