Nature Wood Group Limited Sponsored ADR (NASDAQ:NWGL) Short Interest Down 52.0% in January

Nature Wood Group Limited Sponsored ADR (NASDAQ:NWGL) was the recipient of a large decline in short interest in the month of January. As of January 15th, there was short interest totaling 2,336 shares, a decline of 52.0% from the December 31st total of 4,867 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 9,580 shares, the days-to-cover ratio is presently 0.2 days. Based on an average daily trading volume, of 9,580 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.0% of the company’s shares are short sold.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued 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, According to data from MarketBeat, the stock currently has a consensus rating of “Sell”.

Institutional Trading of Nature Wood Group

A hedge fund recently bought a new stake in Nature Wood Group stock. Citadel Advisors LLC acquired a new position in shares of Nature Wood Group Limited Sponsored ADR (NASDAQ:NWGL) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (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.

Nature Wood Group Stock Up 6.7%

NASDAQ:NWGL opened at $1.34 on Thursday. Nature Wood Group has a 12 month low of $0.91 and a 12 month high of $6.61. The firm has a fifty day simple moving average of $1.23 and a two-hundred day simple moving average of $1.29. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.29 and a current ratio of 1.59.

Nature Wood Group (NASDAQ:NWGL) last posted its quarterly earnings results on Monday, December 29th. The company reported $0.01 earnings per share for the quarter. The firm had revenue of $4.05 million for the quarter.

About Nature Wood Group

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.