Short Interest in WANG & LEE GROUP, Inc. (NASDAQ:WLGS) Rises By 41.3%

WANG & LEE GROUP, Inc. (NASDAQ:WLGS - Get Free Report) saw a significant increase in short interest in the month of February. As of February 15th, there was short interest totalling 110,900 shares, an increase of 41.3% from the January 31st total of 78,500 shares. Approximately 2.4% of the company's stock are short sold. Based on an average daily trading volume, of 345,000 shares, the days-to-cover ratio is presently 0.3 days.

WANG & LEE GROUP Price Performance

NASDAQ WLGS traded down $1.24 on Thursday, hitting $3.67. The stock had a trading volume of 1,022,367 shares, compared to its average volume of 552,478. WANG & LEE GROUP has a 52-week low of $0.44 and a 52-week high of $9.66. The business's fifty day moving average price is $5.08 and its 200 day moving average price is $3.30.

Institutional Trading of WANG & LEE GROUP

A hedge fund recently bought a new stake in WANG & LEE GROUP stock. Ground Swell Capital LLC acquired a new stake in WANG & LEE GROUP, Inc. (NASDAQ:WLGS - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 17,906 shares of the company's stock, valued at approximately $33,000. Ground Swell Capital LLC owned 0.10% of WANG & LEE GROUP as of its most recent SEC filing. Institutional investors own 0.33% of the company's stock.

WANG & LEE GROUP Company Profile

Wang & Lee Group, Inc is a holding company, which engages in the installation of electrical and mechanical systems, it includes low voltage electrical systems, mechanical ventilation and air-conditioning systems, fire service systems, water supply and sewage disposal system installation and fitting out for the public and private sectors.