Wilmar International Ltd. (OTCMKTS:WLMIY) Sees Large Increase in Short Interest

Wilmar International Ltd. (OTCMKTS:WLMIY) was the target of a significant increase in short interest in the month of June. As of June 15th, there was short interest totaling 8,629 shares, an increase of 273.2% from the May 31st total of 2,312 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 99,802 shares, the short-interest ratio is currently 0.1 days.

Wilmar International Stock Down 1.1%

Shares of WLMIY stock opened at $28.09 on Friday. Wilmar International has a one year low of $21.92 and a one year high of $31.45. The stock has a fifty day moving average price of $28.57 and a 200 day moving average price of $27.49. The company has a quick ratio of 0.67, a current ratio of 1.12 and a debt-to-equity ratio of 0.29.

About Wilmar International

Wilmar International Limited is a leading global agribusiness group with a diversified portfolio spanning palm oil cultivation, edible oils, sugar, flour milling, and oilseed crushing. Headquartered in Singapore, the company engages in the processing, refining, marketing, and distribution of agricultural commodities, serving both consumer and industrial markets. Its core products include a wide range of edible oils, specialty fats, and oleochemicals used across the food, pharmaceutical, and personal care industries.

Founded in 1991 by Kuok Khoon Hong and a consortium of agricultural entrepreneurs, Wilmar International has grown through strategic acquisitions and joint ventures to establish a vertically integrated supply chain.