IWG plc (OTCMKTS:IWGFF – Get Free Report) was the recipient of a significant increase in short interest during the month of September. As of September 15th, there was short interest totaling 1,124,145 shares, an increase of 149.9% from the August 31st total of 449,788 shares. Based on an average daily trading volume, of 216,314 shares, the short-interest ratio is currently 5.2 days.
IWG Stock Down 3.4%
Shares of IWGFF stock traded down $0.08 during trading hours on Monday, hitting $2.26. The company’s stock had a trading volume of 35,580 shares, compared to its average volume of 60,882. IWG has a 12-month low of $2.15 and a 12-month high of $3.53. The company has a 50 day moving average of $2.51 and a 200 day moving average of $2.50.
IWG Company Profile
IWG plc is a global provider of flexible workspace solutions for businesses, entrepreneurs and professionals. Through brands including Regus, Spaces, HQ and Signature, the company offers serviced and conventional offices, coworking spaces, meeting rooms, virtual offices and related workplace services. Its offerings are designed to support businesses seeking flexible alternatives to traditional long-term office leases.
The company serves customers across a broad international network spanning North America, Europe, Asia-Pacific, Latin America, the Middle East and Africa.
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