Meiwu Technology Company Limited (NASDAQ:WNW) Sees Significant Decrease in Short Interest

Meiwu Technology Company Limited (NASDAQ:WNW) was the recipient of a significant drop in short interest in the month of September. As of September 30th, there was short interest totaling 18,400 shares, a drop of 60.9% from the September 15th total of 47,000 shares. Based on an average daily trading volume, of 51,400 shares, the short-interest ratio is currently 0.4 days. Approximately 1.1% of the shares of the company are sold short. Approximately 1.1% of the shares of the company are sold short. Based on an average daily trading volume, of 51,400 shares, the short-interest ratio is currently 0.4 days.

Meiwu Technology Price Performance

WNW opened at $1.84 on Friday. The business’s 50-day moving average price is $1.92. Meiwu Technology has a fifty-two week low of $0.95 and a fifty-two week high of $70.00.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of Meiwu Technology in a report on Wednesday, October 8th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company has a consensus rating of “Sell”.

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.