WH Group Limited (OTCMKTS:WHGLY – Get Free Report) saw a significant drop in short interest during the month of May. As of May 15th, there was short interest totaling 15,045 shares, a drop of 41.2% from the April 30th total of 25,603 shares. Based on an average daily trading volume, of 43,417 shares, the days-to-cover ratio is currently 0.3 days.
WH Group Stock Performance
Shares of WHGLY opened at $23.17 on Tuesday. The business has a fifty day moving average of $25.46 and a 200 day moving average of $24.01. WH Group has a 52-week low of $18.36 and a 52-week high of $28.31.
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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