WANG & LEE GROUP, Inc. (NASDAQ:WLGS) Sees Large Increase in Short Interest

WANG & LEE GROUP, Inc. (NASDAQ:WLGS) saw a significant growth in short interest in September. As of September 15th, there was short interest totalling 262,500 shares, a growth of 769.2% from the August 31st total of 30,200 shares. Based on an average daily trading volume, of 158,800 shares, the short-interest ratio is currently 1.7 days. Currently, 8.5% of the shares of the stock are short sold.

WANG & LEE GROUP Price Performance

Shares of WANG & LEE GROUP stock opened at $1.35 on Friday. The company has a debt-to-equity ratio of 0.10, a current ratio of 2.21 and a quick ratio of 2.21. WANG & LEE GROUP has a 12 month low of $0.40 and a 12 month high of $1.93. The stock has a 50 day moving average of $0.74 and a 200 day moving average of $0.64.

About WANG & LEE GROUP

WANG & LEE GROUP, Inc operates as a construction contractor in Hong Kong and Mainland. The company engages in the contract engineering, installation, and out-fitting of electrical systems, mechanical ventilation and air-conditioning systems, fire safety systems, and water supply and sewage disposal systems for the public and private sectors.