Nature Wood Group Limited (NASDAQ:NWGL) Short Interest Down 43.6% in February

Nature Wood Group Limited (NASDAQ:NWGL) was the target of a large decline in short interest in February. As of February 15th, there was short interest totalling 9,300 shares, a decline of 43.6% from the January 31st total of 16,500 shares. Based on an average daily volume of 5,800 shares, the days-to-cover ratio is currently 1.6 days.

Nature Wood Group Price Performance

NWGL stock traded down $0.05 during midday trading on Monday, reaching $1.30. 57,704 shares of the company’s stock traded hands, compared to its average volume of 8,861. The firm’s fifty day moving average price is $1.28 and its 200-day moving average price is $1.41. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.83 and a current ratio of 1.25. Nature Wood Group has a 52 week low of $1.04 and a 52 week high of $19.58.

About Nature Wood Group

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.