Wing Yip Food Holdings Group Limited – Sponsored ADR (NASDAQ:WYHG) Short Interest Down 18.3% in January

Wing Yip Food Holdings Group Limited – Sponsored ADR (NASDAQ:WYHG) was the target of a significant decrease in short interest in January. As of January 15th, there was short interest totaling 127,423 shares, a decrease of 18.3% from the December 31st total of 155,880 shares. Currently, 0.3% of the company’s stock are sold short. Based on an average daily volume of 20,441 shares, the days-to-cover ratio is presently 6.2 days. Based on an average daily volume of 20,441 shares, the days-to-cover ratio is presently 6.2 days. Currently, 0.3% of the company’s stock are sold short.

Hedge Funds Weigh In On Wing Yip Food Holdings Group

Several hedge funds have recently bought and sold shares of WYHG. Centiva Capital LP acquired a new stake in shares of Wing Yip Food Holdings Group in the third quarter worth about $37,000. Virtu Financial LLC bought a new position in shares of Wing Yip Food Holdings Group in the 3rd quarter valued at approximately $38,000. Finally, Citadel Advisors LLC acquired a new stake in Wing Yip Food Holdings Group in the 3rd quarter worth approximately $46,000.

Wing Yip Food Holdings Group Stock Up 0.3%

NASDAQ WYHG opened at $0.47 on Monday. The company has a current ratio of 3.75, a quick ratio of 3.61 and a debt-to-equity ratio of 0.04. Wing Yip Food Holdings Group has a 12-month low of $0.43 and a 12-month high of $12.00. The company has a 50 day moving average price of $0.69 and a two-hundred day moving average price of $1.04.

Analyst Ratings Changes

WYHG has been the topic of several research reports. Weiss Ratings reiterated a “sell (d)” rating on shares of Wing Yip Food Holdings Group in a research note on Monday, December 29th. Wall Street Zen downgraded shares of Wing Yip Food Holdings Group from a “hold” rating to a “sell” rating in a research note on Saturday, December 20th. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company presently has an average rating of “Sell”.

Wing Yip Food Holdings Group Company Profile

Wing Yip Food Holdings Group (NASDAQ:WYHG) is a specialist retailer and distributor of Asian food products, operating a network of hypermarkets, wholesale warehouses and online channels. The company’s core business encompasses the sourcing, importation and sale of a broad assortment of groceries from China, Southeast Asia and other regions, including fresh produce, frozen seafood, rice, noodles, sauces, spices and specialty ingredients.

Through its flagship hypermarkets in key metropolitan areas of the United Kingdom, Wing Yip provides both retail customers and foodservice operators with access to a comprehensive range of Asian culinary products.