WANG & LEE GROUP, Inc. (NASDAQ:WLGS) Short Interest Update

WANG & LEE GROUP, Inc. (NASDAQ:WLGS) was the target of a large growth in short interest in September. As of September 15th, there was short interest totalling 262,500 shares, a growth of 769.2% from the August 31st total of 30,200 shares. Based on an average trading volume of 158,800 shares, the days-to-cover ratio is presently 1.7 days. Approximately 8.5% of the shares of the stock are short sold.

WANG & LEE GROUP Price Performance

Shares of WLGS opened at $1.36 on Wednesday. The company has a debt-to-equity ratio of 0.10, a current ratio of 2.21 and a quick ratio of 2.21. WANG & LEE GROUP has a one year low of $0.40 and a one year high of $1.93. The business’s 50 day simple moving average is $0.69 and its 200-day simple moving average is $0.62.

WANG & LEE GROUP Company Profile

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.