Nature Wood Group Limited (NASDAQ:NWGL) Short Interest Down 43.3% in April

Nature Wood Group Limited (NASDAQ:NWGL) was the recipient of a large decrease in short interest in the month of April. As of April 15th, there was short interest totalling 39,900 shares, a decrease of 43.3% from the March 31st total of 70,400 shares. Based on an average trading volume of 31,700 shares, the short-interest ratio is currently 1.3 days.

Nature Wood Group Price Performance

NWGL stock traded down $11.81 during midday trading on Friday, hitting $5.05. The stock had a trading volume of 2,470,223 shares, compared to its average volume of 58,889. The business has a 50-day moving average of $14.46 and a two-hundred day moving average of $11.29. Nature Wood Group has a 52-week low of $4.16 and a 52-week high of $21.97.

Nature Wood Group Company Profile

Nature Wood Group Limited, an integrated forestry company, engages in up-stream forest management and harvesting, and down-stream wood-processing and distribution activities. 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.