WANG & LEE GROUP, Inc. (NASDAQ:WLGS) Short Interest Up 110.2% in January

WANG & LEE GROUP, Inc. (NASDAQ:WLGS) was the target of a large growth in short interest in January. As of January 15th, there was short interest totalling 30,900 shares, a growth of 110.2% from the December 31st total of 14,700 shares. Approximately 1.0% of the company’s stock are sold short. Based on an average daily volume of 170,000 shares, the days-to-cover ratio is currently 0.2 days.

WANG & LEE GROUP Stock Performance

Shares of WLGS opened at $7.10 on Friday. WANG & LEE GROUP has a twelve month low of $0.44 and a twelve month high of $7.64. The firm’s fifty day simple moving average is $3.41 and its 200-day simple moving average is $2.22.

About WANG & LEE GROUP

WANG & LEE GROUP, Inc operates as a construction contractor in Hong Kong and Mainland. The company engages in the contract engineering, installation, and out-fitting of electrical systems, mechanical ventilation and air-conditioning systems, fire safety systems, and water supply and sewage disposal systems for the public and private sectors.