WANG & LEE GROUP, Inc. (NASDAQ:WLGS – Get Free Report) was the recipient of a large drop in short interest in March. As of March 15th, there was short interest totalling 97,800 shares, a drop of 57.9% from the February 28th total of 232,400 shares. Approximately 1.8% of the shares of the stock are short sold. Based on an average daily volume of 1,170,000 shares, the short-interest ratio is currently 0.1 days.
WANG & LEE GROUP Trading Down 9.1 %
Shares of WLGS opened at $0.29 on Friday. The stock has a fifty day moving average price of $5.52 and a two-hundred day moving average price of $3.59. WANG & LEE GROUP has a 52-week low of $0.25 and a 52-week high of $9.66.
Institutional Inflows and Outflows
An institutional investor recently bought a new position in WANG & LEE GROUP stock. XTX Topco Ltd bought a new position in shares of WANG & LEE GROUP, Inc. (NASDAQ:WLGS – Free Report) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 19,247 shares of the company’s stock, valued at approximately $36,000. XTX Topco Ltd owned approximately 0.11% of WANG & LEE GROUP at the end of the most recent quarter. Hedge funds and other 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.
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