Man Wah Holdings Limited (OTCMKTS:MAWHY) Short Interest Down 94.1% in June

Man Wah Holdings Limited (OTCMKTS:MAWHY) saw a significant decrease in short interest during the month of June. As of June 30th, there was short interest totaling 885 shares, a decrease of 94.1% from the June 15th total of 15,046 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 1,508 shares, the short-interest ratio is currently 0.6 days.

Man Wah Price Performance

Shares of Man Wah stock remained flat at $8.10 during midday trading on Friday. 38 shares of the company were exchanged, compared to its average volume of 527. The company’s fifty day moving average is $9.22 and its two-hundred day moving average is $10.76. Man Wah has a fifty-two week low of $7.36 and a fifty-two week high of $13.45.

Man Wah Company Profile

Man Wah Holdings Limited operates as a vertically integrated designer, manufacturer and distributor of upholstered furniture. Headquartered in Hong Kong, the company primarily develops and produces a range of sofas, recliners, sectionals and related home furnishings. Man Wah’s operations encompass research and development, automated manufacturing processes and quality control, enabling it to maintain consistent standards across its product lines.

The company’s product portfolio includes leather and fabric upholstery, modular seating systems and motion furniture designed for residential and contract applications.