IWG plc (OTCMKTS:IWGFF) Sees Significant Growth in Short Interest

IWG plc (OTCMKTS:IWGFF) was the recipient of a significant growth in short interest in January. As of January 15th, there was short interest totalling 1,204,400 shares, a growth of 133.1% from the December 31st total of 516,600 shares. Based on an average daily volume of 506,500 shares, the short-interest ratio is currently 2.4 days.

IWG Price Performance

IWG stock traded up $0.05 during midday trading on Friday, reaching $2.14. The company’s stock had a trading volume of 211,043 shares, compared to its average volume of 445,410. IWG has a fifty-two week low of $1.80 and a fifty-two week high of $2.63. The stock’s 50 day simple moving average is $2.04 and its 200 day simple moving average is $2.17.

IWG Company Profile

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.