Short Interest in WANG & LEE GROUP, Inc. (NASDAQ:WLGS) Drops By 57.9%

WANG & LEE GROUP, Inc. (NASDAQ:WLGS) was the recipient of a significant decrease in short interest during the month of March. As of March 15th, there was short interest totalling 97,800 shares, a decrease of 57.9% from the February 28th total of 232,400 shares. Currently, 1.8% of the shares of the company are sold short. Based on an average daily trading volume, of 1,170,000 shares, the short-interest ratio is currently 0.1 days.

WANG & LEE GROUP Trading Down 10.7 %

Shares of NASDAQ:WLGS opened at $0.26 on Friday. WANG & LEE GROUP has a twelve month low of $0.23 and a twelve month high of $9.66. The company’s 50 day moving average is $5.42 and its 200 day moving average is $3.58.

Institutional Trading of WANG & LEE GROUP

A hedge fund recently bought a new stake in WANG & LEE GROUP stock. Ground Swell Capital LLC purchased a new stake in WANG & LEE GROUP, Inc. (NASDAQ:WLGS) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 17,906 shares of the company’s stock, valued at approximately $33,000. Ground Swell Capital LLC owned about 0.10% of WANG & LEE GROUP as of its most recent filing with the Securities and Exchange Commission (SEC). Institutional investors and hedge funds own 0.33% of the company’s stock.

WANG & LEE GROUP Company Profile

Wang & Lee Group, Inc is a holding company, which engages in the installation of electrical and mechanical systems, it includes low voltage electrical systems, mechanical ventilation and air-conditioning systems, fire service systems, water supply and sewage disposal system installation and fitting out for the public and private sectors.