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

Nature Wood Group Limited (NASDAQ:NWGL) was the recipient of a significant decline in short interest during the month of 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. Based on an average daily volume of 31,500 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the shares of the company are short sold.

Nature Wood Group Price Performance

Shares of NASDAQ NWGL traded down $0.07 during mid-day trading on Friday, reaching $1.58. 35,198 shares of the company were exchanged, compared to its average volume of 56,396. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.83 and a current ratio of 1.25. The company’s 50-day simple moving average is $1.36 and its 200-day simple moving average is $1.41. Nature Wood Group has a twelve month low of $1.04 and a twelve month high of $17.21.

Nature Wood Group Company Profile

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.