NagaCorp Ltd. (OTCMKTS:NGCRF – Get Free Report) was the recipient of a large decrease in short interest in the month of August. As of August 31st, there was short interest totaling 11,700 shares, a decrease of 50.6% from the August 15th total of 23,700 shares. Based on an average daily volume of 1,000 shares, the short-interest ratio is currently 11.7 days. Based on an average daily volume of 1,000 shares, the short-interest ratio is currently 11.7 days.
NagaCorp Price Performance
Shares of NGCRF opened at $0.78 on Friday. NagaCorp has a 52 week low of $0.33 and a 52 week high of $0.78. The company has a 50-day simple moving average of $0.59 and a 200-day simple moving average of $0.49.
NagaCorp Dividend Announcement
The firm also recently announced a dividend, which will be paid on Tuesday, September 30th. Investors of record on Wednesday, September 10th will be paid a $0.0101 dividend. The ex-dividend date of this dividend is Tuesday, September 9th. This represents a yield of 142.0%. NagaCorp’s payout ratio is presently 37.44%.
NagaCorp Company Profile
NagaCorp Ltd., an investment holding company, manages and operates a hotel and casino complex in the Kingdom of Cambodia. The company operates in two segments, Casino Operations; and Hotel and Entertainment Operations. It owns, manages, and operates NagaWorld, an integrated hotel and entertainment complex that consists of rooms and suites, gaming tables, and electronic gaming machines, as well as public and premium gaming halls, all-suite luxury spa, shopping gallery, food and beverage outlets and clubs, entertainment services, and meeting spaces, as well as hotel convention spaces.
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ABMN Staff
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