WH Group Limited (OTCMKTS:WHGLY – Get Free Report) was the target of a large decrease in short interest in August. As of August 31st, there was short interest totaling 7,877 shares, a decrease of 50.6% from the August 15th total of 15,947 shares. Based on an average daily volume of 58,293 shares, the days-to-cover ratio is presently 0.1 days.
WH Group Stock Down 1.2%
OTCMKTS WHGLY opened at $16.63 on Tuesday. WH Group has a 12-month low of $16.04 and a 12-month high of $28.31. The company has a fifty day simple moving average of $20.23 and a two-hundred day simple moving average of $22.96.
About WH Group
WH Group (OTCMKTS: WHGLY) is a global leader in pork production and processing, recognized as one of the world’s largest pork companies. The firm develops, produces and distributes a broad portfolio of fresh pork, packaged pork products and processed meats under a variety of brand names, including Smithfield in the United States and Shuanghui in China. With integrated operations spanning the value chain—from hog breeding and feed production to meat processing and packaging—the company serves retail, foodservice and industrial customers worldwide.
The roots of WH Group trace back to a municipal meat processing plant in Luohe, China, which was founded in 1958.
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