Short Interest in Man Wah Holdings Limited (OTCMKTS:MAWHF) Drops By 41.5%

Man Wah Holdings Limited (OTCMKTS:MAWHFGet Free Report) saw a significant decrease in short interest in May. As of May 15th, there was short interest totaling 1,491,155 shares, a decrease of 41.5% from the April 30th total of 2,550,287 shares. Based on an average daily volume of 113 shares, the days-to-cover ratio is currently 13,196.1 days.

Man Wah Price Performance

Man Wah stock opened at $0.55 on Tuesday. The firm’s fifty day moving average is $0.59 and its 200 day moving average is $0.60. Man Wah has a 52-week low of $0.49 and a 52-week high of $0.68.

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.

Further Reading

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