Man Wah Holdings Limited (OTCMKTS:MAWHF) Short Interest Update

Man Wah Holdings Limited (OTCMKTS:MAWHFGet Rating) was the target of a large increase in short interest in the month of March. As of March 31st, there was short interest totalling 3,569,300 shares, an increase of 128.4% from the March 15th total of 1,562,500 shares. Based on an average daily trading volume, of 200 shares, the short-interest ratio is presently 17,846.5 days.

OTCMKTS:MAWHF opened at $1.06 on Friday. The firm’s 50 day simple moving average is $1.20 and its 200 day simple moving average is $1.41. Man Wah has a one year low of $1.06 and a one year high of $2.54.

About Man Wah (Get Rating)

Man Wah Holdings Limited, an investment holding company, manufactures and distributes sofas and ancillary products. The company operates through Sofa and Ancillary Products, Other Products, Other Business, and Home Group Business segments. It offers sofas under the CHEERS brand; mattresses under the Enlanda brand; panel furniture and furniture accessories; sofas, sofa-beds, beds, armchairs, and accessories under the Fleming brand name; and chairs, smart furniture spare parts, etc.

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