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

WANG & LEE GROUP, Inc. (NASDAQ:WLGS) was the recipient of a significant increase in short interest in the month of February. As of February 15th, there was short interest totalling 110,900 shares, an increase of 41.3% from the January 31st total of 78,500 shares. Based on an average trading volume of 345,000 shares, the short-interest ratio is presently 0.3 days. Currently, 2.4% of the shares of the stock are sold short.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in WANG & LEE GROUP stock. XTX Topco Ltd purchased a new position in WANG & LEE GROUP, Inc. (NASDAQ:WLGS) during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 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. 0.33% of the stock is owned by institutional investors and hedge funds.

WANG & LEE GROUP Stock Down 11.8 %

NASDAQ:WLGS opened at $5.30 on Tuesday. The business’s 50-day moving average price is $4.96 and its 200 day moving average price is $3.25. WANG & LEE GROUP has a 52-week low of $0.44 and a 52-week high of $9.66.

About WANG & LEE GROUP

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.