Short Interest in IWG plc (OTCMKTS:IWGFF) Increases By 57.1%

IWG plc (OTCMKTS:IWGFF) was the recipient of a significant increase in short interest in March. As of March 15th, there was short interest totalling 849,500 shares, an increase of 57.1% from the February 28th total of 540,900 shares. Based on an average trading volume of 317,700 shares, the short-interest ratio is currently 2.7 days.

IWG Stock Up 2.3 %

OTCMKTS:IWGFF traded up $0.06 on Friday, reaching $2.47. The company’s stock had a trading volume of 51,288 shares, compared to its average volume of 239,056. IWG has a 1-year low of $1.80 and a 1-year high of $2.73. The business’s 50-day moving average price is $2.32 and its two-hundred day moving average price is $2.21.

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.