Short Interest in WANG & LEE GROUP, Inc. (NASDAQ:WLGS) Drops By 70.9%

WANG & LEE GROUP, Inc. (NASDAQ:WLGS - Get Free Report) was the target of a significant decline in short interest in the month of January. As of January 15th, there was short interest totalling 14,700 shares, a decline of 70.9% from the December 31st total of 50,600 shares. Approximately 0.5% of the company's shares are sold short. Based on an average daily volume of 174,600 shares, the short-interest ratio is currently 0.1 days.

WANG & LEE GROUP Stock Performance

NASDAQ WLGS traded up $0.07 during trading hours on Friday, hitting $7.17. 254,845 shares of the company's stock were exchanged, compared to its average volume of 295,644. WANG & LEE GROUP has a 12-month low of $0.44 and a 12-month high of $7.64. The business's 50 day moving average is $3.47 and its 200-day moving average is $2.25.

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.