IWG plc (OTCMKTS:IWGFF) Short Interest Update

IWG plc (OTCMKTS:IWGFF) was the target of a large decline in short interest in the month of February. As of February 28th, there was short interest totalling 540,900 shares, a decline of 16.2% from the February 13th total of 645,300 shares. Based on an average trading volume of 105,300 shares, the days-to-cover ratio is currently 5.1 days.

IWG Stock Performance

OTCMKTS:IWGFF traded down $0.04 during midday trading on Wednesday, reaching $2.31. The stock had a trading volume of 270,964 shares, compared to its average volume of 248,464. The firm has a fifty day simple moving average of $2.25 and a two-hundred day simple moving average of $2.20. IWG has a 12-month low of $1.80 and a 12-month high of $2.73.

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.