IWG plc (OTCMKTS:IWGFF) Short Interest Update

IWG plc (OTCMKTS:IWGFF) saw a large drop in short interest in January. As of January 31st, there was short interest totalling 555,000 shares, a drop of 69.7% from the January 15th total of 1,834,200 shares. Based on an average daily volume of 424,100 shares, the short-interest ratio is currently 1.3 days.

IWG Stock Performance

OTCMKTS IWGFF traded up $0.10 on Wednesday, hitting $2.37. 25,464 shares of the company’s stock traded hands, compared to its average volume of 358,995. IWG has a 1-year low of $1.80 and a 1-year high of $2.63. The firm’s 50-day moving average price is $2.06 and its two-hundred day moving average price is $2.17.

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.