Wing Yip Food Holdings Group Limited (Uplisting)’s Lock-Up Period Set To End on May 26th (NASDAQ:WYHG)

Wing Yip Food Holdings Group Limited (Uplisting)’s (NASDAQ:WYHG) lock-up period will end on Monday, May 26th. Wing Yip Food Holdings Group Limited (Uplisting) had issued 2,050,000 shares in its IPO on November 26th. The total size of the offering was $8,200,000 based on an initial share price of $4.00. Shares of the company owned by company insiders and major shareholders will be eligible for trade following the expiration of the lock-up period.

Wing Yip Food Holdings Group Limited (Uplisting) Price Performance

Shares of NASDAQ:WYHG opened at $1.18 on Friday. The stock’s 50-day simple moving average is $7.50. Wing Yip Food Holdings Group Limited has a twelve month low of $1.12 and a twelve month high of $12.00.

Hedge Funds Weigh In On Wing Yip Food Holdings Group Limited (Uplisting)

A hedge fund recently bought a new stake in Wing Yip Food Holdings Group Limited (Uplisting) stock. Advisors Preferred LLC acquired a new position in shares of Wing Yip Food Holdings Group Limited (Uplisting) (NASDAQ:WYHG) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 12,642 shares of the company’s stock, valued at approximately $114,000.

About Wing Yip Food Holdings Group Limited (Uplisting)

Wing Yip Food Holdings Group Ltd. is a holding company. It engages in the business of processing, selling, and distributing cured meat products including cured pork sausages, cured pork meat, and other cured meat products such as cured chicken, cured duck, and cured fish; snack products including ready-to-eat sausages, jerky, duck necks, duck feet, and clay pot rice; and frozen meat products including frozen sausages, frozen beef patties, and frozen chicken breast fillets.