WH Group Limited (OTCMKTS:WHGLY – Get Free Report) was the target of a large increase in short interest in the month of June. As of June 30th, there was short interest totaling 41,879 shares, an increase of 92.7% from the June 15th total of 21,732 shares. Based on an average trading volume of 85,792 shares, the short-interest ratio is presently 0.5 days.
WH Group Stock Down 0.4%
OTCMKTS WHGLY opened at $21.01 on Friday. The business has a 50 day moving average price of $22.34 and a 200 day moving average price of $23.92. WH Group has a 1-year low of $18.36 and a 1-year high of $28.31.
WH Group Company Profile
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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