UOL Group Limited (OTCMKTS:UOLGY) Short Interest Update

UOL Group Limited (OTCMKTS:UOLGY) saw a significant decrease in short interest during the month of May. As of May 29th, there was short interest totaling 1,929 shares, a decrease of 70.8% from the May 14th total of 6,617 shares. Based on an average daily volume of 18,594 shares, the short-interest ratio is currently 0.1 days.

UOL Group Stock Up 1.6%

Shares of UOLGY opened at $30.83 on Thursday. UOL Group has a 12-month low of $18.14 and a 12-month high of $38.25. The stock’s fifty day simple moving average is $32.16 and its 200-day simple moving average is $31.26.

Wall Street Analyst Weigh In

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

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.