Short Interest in Meiwu Technology Company Limited (NASDAQ:WNW) Increases By 95.6%

Meiwu Technology Company Limited (NASDAQ:WNW) was the target of a significant increase in short interest in February. As of February 13th, there was short interest totaling 22,112 shares, an increase of 95.6% from the January 29th total of 11,305 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average trading volume of 11,464 shares, the days-to-cover ratio is currently 1.9 days. Based on an average trading volume of 11,464 shares, the days-to-cover ratio is currently 1.9 days. Currently, 0.1% of the company’s stock are short sold.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of Meiwu Technology in a report on Wednesday, January 21st. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock has an average rating of “Sell”.

Meiwu Technology Trading Up 0.1%

Shares of Meiwu Technology stock opened at $1.54 on Friday. The stock has a fifty day simple moving average of $1.51 and a 200 day simple moving average of $1.66. Meiwu Technology has a 12-month low of $0.95 and a 12-month high of $3.61.

Meiwu Technology Company Profile

Wunong Net Technology Company Limited, a holding company, engages in the online retail of foods products in China. The company offers green food, organic food, intangible cultural heritage food, agricultural products, and pollution-free products. It also operates a restaurant under the Wunong Food Hall name; and engages in the wholesale of agricultural products. The company was formerly known as Advancement International Limited and changed its name to Wunong Net Technology Company Limited in August 2019.