Nature Wood Group Limited (NASDAQ:NWGL) Short Interest Down 18.6% in March

Nature Wood Group Limited (NASDAQ:NWGL) was the recipient of a significant decrease in short interest in the month of March. As of March 15th, there was short interest totalling 3,500 shares, a decrease of 18.6% from the February 28th total of 4,300 shares. Based on an average trading volume of 47,200 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the shares of the company are sold short.

Nature Wood Group Trading Down 2.9 %

Shares of NASDAQ NWGL opened at $1.32 on Thursday. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.25 and a quick ratio of 0.83. The firm’s 50-day moving average price is $1.40 and its two-hundred day moving average price is $1.40. Nature Wood Group has a 52-week low of $1.04 and a 52-week high of $17.21.

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.