ESGL Holdings Limited (NASDAQ:ESGL) Sees Large Decline in Short Interest

ESGL Holdings Limited (NASDAQ:ESGL) saw a significant drop in short interest in the month of March. As of March 15th, there was short interest totalling 98,700 shares, a drop of 81.2% from the February 28th total of 524,200 shares. Based on an average daily volume of 793,700 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.5% of the shares of the company are short sold.

ESGL Stock Performance

Shares of ESGL traded down $0.03 during mid-day trading on Wednesday, reaching $1.98. 3,756 shares of the company’s stock traded hands, compared to its average volume of 247,603. The business’s 50-day moving average price is $1.38 and its 200-day moving average price is $1.56. ESGL has a 12 month low of $0.41 and a 12 month high of $3.00.

About ESGL

ESGL Holdings Limited provides waste solutions. It regenerates industrial waste into circular products using technologies and renewable energy. The company was founded in 1999 and is based in Singapore.