WH Group Limited (OTCMKTS:WHGLY – Get Free Report) saw a large growth in short interest in the month of August. As of August 14th, there was short interest totaling 15,947 shares, a growth of 83.3% from the July 30th total of 8,699 shares. Based on an average daily volume of 72,343 shares, the short-interest ratio is presently 0.2 days.
WH Group Trading Down 8.3%
OTCMKTS WHGLY opened at $18.85 on Tuesday. The stock has a 50-day simple moving average of $20.93 and a two-hundred day simple moving average of $23.48. WH Group has a fifty-two week low of $18.36 and a fifty-two week high of $28.31.
About WH Group
WH Group (OTCMKTS: WHGLY) is a global leader in pork production and processing, recognized as one of the world’s largest pork companies. The firm develops, produces and distributes a broad portfolio of fresh pork, packaged pork products and processed meats under a variety of brand names, including Smithfield in the United States and Shuanghui in China. With integrated operations spanning the value chain—from hog breeding and feed production to meat processing and packaging—the company serves retail, foodservice and industrial customers worldwide.
The roots of WH Group trace back to a municipal meat processing plant in Luohe, China, which was founded in 1958.
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