Wilmar International Ltd. (OTCMKTS:WLMIY) Stock Short Interest Jumps 84.5%

Wilmar International Ltd. (OTCMKTS:WLMIY) saw a significant growth in short interest in the month of September. As of September 30th, there was short interest totaling 12,227 shares, a growth of 84.5% from the September 15th total of 6,628 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 84,408 shares, the short-interest ratio is currently 0.1 days.

Wilmar International Stock Performance

Shares of Wilmar International stock opened at $27.15 on Friday. The business has a 50-day moving average of $28.91 and a 200-day moving average of $29.07. Wilmar International has a 1-year low of $22.42 and a 1-year high of $32.34.

About Wilmar International

Wilmar International Limited is a Singapore-based agribusiness company engaged in the processing, merchandising and distribution of agricultural commodities and food products. Its activities span the full value chain, from oil palm cultivation and oilseed crushing to refining, manufacturing and consumer distribution.

The company’s product portfolio includes edible oils, specialty fats, oleochemicals, biodiesel, flour, rice, sugar and packaged food products. Wilmar also operates businesses involved in sugar milling, refining and merchandising, as well as oilseed processing and the manufacture of food ingredients for consumer and industrial customers.

Founded in 1991 by Kuok Khoon Hong and Martua Sitorus, Wilmar has expanded into a multinational group serving markets across Asia, Africa and other regions.