Wilmar International Ltd. (OTCMKTS:WLMIY) Shares Shorted: Short Interest Down 85.8% in October

Wilmar International Ltd. (OTCMKTS:WLMIY) was the target of a large drop in short interest in October. As of October 30th, there was short interest totaling 2,034 shares, a drop of 85.8% from the October 15th total of 14,326 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average trading volume of 223,766 shares, the days-to-cover ratio is currently 0.0 days.

Wilmar International Stock Performance

Shares of WLMIY traded up $0.17 during midday trading on Wednesday, hitting $23.02. 40,591 shares of the company’s stock traded hands, compared to its average volume of 51,472. Wilmar International has a 1 year low of $22.41 and a 1 year high of $32.34. The firm’s fifty day moving average is $27.08 and its 200-day moving average is $28.46.

About Wilmar International

Wilmar International is an integrated agribusiness group headquartered in Singapore. Founded in 1991, the company operates across the agricultural supply chain, from cultivation and processing to manufacturing and distribution. Its activities include oil palm cultivation, edible-oil refining, oilseed crushing, sugar milling and refining, and the production of specialty fats, oleochemicals and biodiesel. Wilmar also makes and distributes consumer food products, flour and rice. The company serves customers in markets around the world, with a strong presence across Asia and operations spanning multiple regions.