Short Interest in Meiwu Technology Company Limited (NASDAQ:WNW) Expands By 95.6%

Meiwu Technology Company Limited (NASDAQ:WNW) saw a large increase in short interest during the month of February. As of February 13th, there was short interest totaling 22,112 shares, an increase of 95.6% from the January 29th total of 11,305 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average trading volume of 11,464 shares, the short-interest ratio is presently 1.9 days. Based on an average trading volume of 11,464 shares, the short-interest ratio is presently 1.9 days. Approximately 0.1% of the shares of the stock are sold short.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “sell (d)” rating on shares of Meiwu Technology in a research report on Wednesday, January 21st. One analyst has rated the stock with a Sell rating, According to MarketBeat, Meiwu Technology currently has a consensus rating of “Sell”.

Meiwu Technology Stock Performance

Shares of WNW opened at $1.54 on Friday. The company’s fifty day moving average is $1.51 and its 200 day moving average is $1.67. Meiwu Technology has a fifty-two week low of $0.95 and a fifty-two week high of $3.61.

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. The company was formerly known as Advancement International Limited and changed its name to Wunong Net Technology Company Limited in August 2019.