Wing Yip Food Holdings Group Limited (Uplisting)’s Lock-Up Period Set To End on May 26th (NASDAQ:WYHG)

Wing Yip Food Holdings Group Limited (Uplisting)’s (NASDAQ:WYHG) lock-up period is set to end on Monday, May 26th. Wing Yip Food Holdings Group Limited (Uplisting) had issued 2,050,000 shares in its IPO on November 26th. The total size of the offering was $8,200,000 based on an initial share price of $4.00. After the end of the company’s lock-up period, restrictions preventing company insiders and major shareholders from selling shares in the company will be lifted.

Wing Yip Food Holdings Group Limited (Uplisting) Trading Down 5.8%

WYHG stock opened at $1.62 on Monday. Wing Yip Food Holdings Group Limited has a one year low of $1.57 and a one year high of $12.00. The business’s 50 day simple moving average is $8.16.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Wing Yip Food Holdings Group Limited (Uplisting) stock. Advisors Preferred LLC purchased a new position in shares of Wing Yip Food Holdings Group Limited (Uplisting) (NASDAQ:WYHG) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 12,642 shares of the company’s stock, valued at approximately $114,000.

Wing Yip Food Holdings Group Limited (Uplisting) Company Profile

Wing Yip Food Holdings Group Ltd. is a holding company. It engages in the business of processing, selling, and distributing cured meat products including cured pork sausages, cured pork meat, and other cured meat products such as cured chicken, cured duck, and cured fish; snack products including ready-to-eat sausages, jerky, duck necks, duck feet, and clay pot rice; and frozen meat products including frozen sausages, frozen beef patties, and frozen chicken breast fillets.