Meiwu Technology Company Limited (NASDAQ:WNW) Short Interest Update

Meiwu Technology Company Limited (NASDAQ:WNW) was the recipient of a significant decline in short interest in the month of August. As of August 14th, there was short interest totaling 6,149 shares, a decline of 79.3% from the July 30th total of 29,638 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 119,506 shares, the days-to-cover ratio is currently 0.1 days.

Analyst Ratings Changes

WNW has been the topic of several research reports. Wall Street Zen lowered shares of Meiwu Technology to a “strong sell” rating in a research report on Saturday, May 2nd. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Meiwu Technology in a research note on Friday, July 31st. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Sell”.

Meiwu Technology Stock Up 0.8%

Meiwu Technology stock opened at $2.47 on Wednesday. The stock’s 50 day simple moving average is $3.04 and its two-hundred day simple moving average is $36.30. Meiwu Technology has a fifty-two week low of $2.25 and a fifty-two week high of $1,352.00.

Meiwu Technology Company Profile

Wunong Net Technology Company Limited, a holding company, engages in the online retail of foods products in China. The company offers green food, organic food, intangible cultural heritage food, agricultural products, and pollution-free products. It also operates a restaurant under the Wunong Food Hall name; and engages in the wholesale of agricultural products. The company was formerly known as Advancement International Limited and changed its name to Wunong Net Technology Company Limited in August 2019.