Short Interest in IWG plc (OTCMKTS:IWGFF) Grows By 133.1%

IWG plc (OTCMKTS:IWGFF) was the target of a significant growth in short interest in December. As of December 31st, there was short interest totalling 1,204,400 shares, a growth of 133.1% from the December 15th total of 516,600 shares. Based on an average daily trading volume, of 506,500 shares, the days-to-cover ratio is presently 2.4 days.

IWG Stock Up 5.0 %

OTCMKTS:IWGFF traded up $0.10 during trading on Thursday, reaching $1.99. The company’s stock had a trading volume of 232,354 shares, compared to its average volume of 678,931. The firm has a 50 day moving average of $2.07 and a 200-day moving average of $2.18. IWG has a 12 month low of $1.80 and a 12 month high of $2.63.

IWG Company Profile

IWG plc, together with its subsidiaries, provides workspace solutions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company offers office, coworking and collaboration, flexible and scalable, meeting, and lounges spaces; workplace recovery; memberships workspaces; and reception services and conference products.