Want Want China Holdings Ltd. (OTCMKTS:WWNTY – Get Free Report) saw a large growth in short interest during the month of June. As of June 15th, there was short interest totaling 263 shares, a growth of 292.5% from the May 31st total of 67 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 61 shares, the short-interest ratio is presently 4.3 days.
Want Want China Price Performance
Want Want China stock opened at $25.44 on Monday. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.93 and a quick ratio of 1.60. Want Want China has a 1-year low of $25.00 and a 1-year high of $38.05. The company’s 50-day moving average is $26.58 and its 200 day moving average is $28.81.
About Want Want China
Want Want China Holdings Limited, trading on the OTC market under the symbol WWNTY, is a leading food and beverage company best known for its popular rice crackers, snack foods and flavored beverages. The company’s core product lineup includes a variety of seasoned rice cracker snacks, milk drinks, soy milk beverages and other savory treats, all marketed under the Want Want brand as well as several sub-brands tailored to regional tastes. In addition to snacks and beverages, Want Want China also produces dairy-based desserts and operates packaging business units that support both in-house and third-party clients.
Originally founded in Taiwan in the 1960s by entrepreneur Tsai Eng-meng, Want Want expanded into mainland China in the early 1990s to tap into burgeoning consumer demand.
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