Man Wah Holdings Limited (OTCMKTS:MAWHF) Sees Large Drop in Short Interest

Man Wah Holdings Limited (OTCMKTS:MAWHFGet Free Report) saw a large decrease in short interest in the month of July. As of July 15th, there was short interest totaling 1,693,139 shares, a decrease of 44.0% from the June 30th total of 3,025,473 shares. Based on an average daily volume of 150 shares, the days-to-cover ratio is presently 11,287.6 days.

Man Wah Price Performance

OTCMKTS:MAWHF remained flat at $0.40 during mid-day trading on Wednesday. Man Wah has a 52-week low of $0.40 and a 52-week high of $0.68. The stock’s 50 day simple moving average is $0.50 and its 200-day simple moving average is $0.57.

About Man Wah

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Man Wah Holdings Limited (OTCMKTS:MAWHF) is a China-based furniture manufacturer specializing in upholstered products. The company’s core offerings include reclining sofas, stationary upholstered seating and occasional chairs, designed for both residential and commercial markets. Through a combination of in-house design and external collaborations, Man Wah delivers a range of styles from classic to contemporary.

Operations are centered in Foshan, Guangdong province, where the company maintains vertically integrated manufacturing facilities.

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