Short Interest in UOL Group Limited (OTCMKTS:UOLGY) Expands By 72.0%

UOL Group Limited (OTCMKTS:UOLGY) was the recipient of a large increase in short interest during the month of June. As of June 15th, there was short interest totaling 3,318 shares, an increase of 72.0% from the May 31st total of 1,929 shares. Based on an average daily trading volume, of 19,331 shares, the short-interest ratio is currently 0.2 days.

Wall Street Analysts Forecast Growth

Separately, Zacks Research downgraded UOL Group from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, March 18th. One analyst has rated the stock with a Strong Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Buy”.

UOL Group Price Performance

Shares of UOLGY opened at $29.36 on Thursday. The stock’s 50-day simple moving average is $31.80 and its 200 day simple moving average is $31.68. UOL Group has a 52-week low of $19.90 and a 52-week high of $38.25.

UOL Group Company Profile

UOL Group Limited is a Singapore-based diversified property company with core activities in real estate development, hospitality operations and asset management. The company develops residential, commercial and mixed-use projects, and holds investment properties in strategic locations across Singapore and other Asia-Pacific markets. Its real estate portfolio encompasses condominiums, office towers and retail spaces, reflecting a focus on urban regeneration and integrated community living.

In property development, UOL Group has delivered a range of landmark projects, from city-fringe residential estates to high-end commercial complexes.