UOL Group Limited (OTCMKTS:UOLGY) Sees Large Decline in Short Interest

UOL Group Limited (OTCMKTS:UOLGY) was the target of a significant decrease in short interest in September. As of September 15th, there was short interest totaling 757 shares, a decrease of 78.5% from the August 31st total of 3,528 shares. Based on an average daily volume of 14,566 shares, the days-to-cover ratio is presently 0.1 days.

UOL Group Stock Performance

UOL Group stock opened at $26.48 on Friday. UOL Group has a twelve month low of $23.20 and a twelve month high of $38.25. The stock’s 50 day moving average is $29.01 and its 200 day moving average is $30.58.

About UOL Group

UOL Group Limited is a Singapore-based property and hospitality company with businesses spanning property development, property investment, hotels and retail. The group develops and manages residential, commercial and mixed-use properties, while its investment portfolio includes office buildings, shopping malls and other income-generating real estate.

UOL operates its hospitality business primarily through Pan Pacific Hotels and Resorts, which manages hotels and serviced suites under brands including Pan Pacific, PARKROYAL COLLECTION and PARKROYAL.