Short Interest in IWG plc (OTCMKTS:IWGFF) Expands By 93.9%

IWG plc (OTCMKTS:IWGFF) was the recipient of a large growth in short interest in August. As of August 31st, there was short interest totalling 807,300 shares, a growth of 93.9% from the August 15th total of 416,400 shares. Based on an average trading volume of 140,900 shares, the short-interest ratio is currently 5.7 days.

IWG Stock Performance

IWG stock traded down $0.02 during midday trading on Friday, hitting $2.31. 88,474 shares of the company were exchanged, compared to its average volume of 33,379. The company’s fifty day moving average price is $2.24 and its 200-day moving average price is $2.31. IWG has a fifty-two week low of $1.58 and a fifty-two week high of $2.63.

About IWG

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.