Wing Yip Food Holdings Group Limited – Sponsored ADR (NASDAQ:WYHG – Get Free Report) was the recipient of a significant decrease in short interest during the month of September. As of September 30th, there was short interest totaling 52,190 shares, a decrease of 58.7% from the September 15th total of 126,318 shares. Based on an average daily trading volume, of 37,341 shares, the days-to-cover ratio is currently 1.4 days. Currently, 0.4% of the company’s stock are short sold.
Wing Yip Food Holdings Group Stock Performance
Shares of WYHG traded down $0.15 during trading hours on Tuesday, hitting $3.15. The stock had a trading volume of 21,219 shares, compared to its average volume of 678,716. Wing Yip Food Holdings Group has a 12 month low of $1.56 and a 12 month high of $26.17. The stock has a fifty day moving average price of $4.59 and a 200 day moving average price of $3.79.
Wall Street Analysts Forecast Growth
Several brokerages recently weighed in on WYHG. Weiss Ratings reissued a “sell (d+)” rating on shares of Wing Yip Food Holdings Group in a research report on Friday, September 25th. Wall Street Zen raised Wing Yip Food Holdings Group to a “hold” rating in a research report on Saturday, August 22nd. One investment analyst has rated the stock with a Sell rating. According to data from MarketBeat.com, the stock has a consensus rating of “Sell”.
About Wing Yip Food Holdings Group
Wing Yip Food Holdings Group Limited is a food company that operates through subsidiaries in China. The company focuses on the production and sale of food products for consumers and commercial customers.
Its product portfolio includes Chinese-style prepared and preserved foods, including meat-based products and other packaged food offerings. The company’s activities encompass food manufacturing, processing, packaging and distribution.
Wing Yip Food Holdings Group serves the Chinese market through its food-production operations and sales channels.
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