WANG & LEE GROUP, Inc. (NASDAQ:WLGS) Short Interest Update

WANG & LEE GROUP, Inc. (NASDAQ:WLGS) was the target of a significant decrease in short interest in the month of March. As of March 15th, there was short interest totalling 97,800 shares, a decrease of 57.9% from the February 28th total of 232,400 shares. Based on an average trading volume of 1,170,000 shares, the days-to-cover ratio is presently 0.1 days. Currently, 1.8% of the company’s shares are sold short.

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) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 19,247 shares of the company’s stock, valued at approximately $36,000. XTX Topco Ltd owned 0.11% of WANG & LEE GROUP as of its most recent filing with the Securities and Exchange Commission. Institutional investors own 0.33% of the company’s stock.

WANG & LEE GROUP Trading Down 9.1 %

WANG & LEE GROUP stock opened at $0.29 on Friday. WANG & LEE GROUP has a 12-month low of $0.25 and a 12-month high of $9.66. The business’s 50-day simple moving average is $5.52 and its 200 day simple moving average is $3.59.

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.