Want Want China Holdings Ltd. (OTCMKTS:WWNTY) Short Interest Up ∞ in May

Want Want China Holdings Ltd. (OTCMKTS:WWNTY) was the target of a large increase in short interest during the month of May. As of May 15th, there was short interest totaling 31 shares, an increase of ∞ from the April 30th total of 0 shares. Based on an average daily trading volume, of 37 shares, the short-interest ratio is currently 0.8 days. Currently, 0.0% of the shares of the company are sold short.

Want Want China Stock Performance

Shares of WWNTY opened at $26.64 on Monday. Want Want China has a 52 week low of $25.00 and a 52 week high of $38.05. The firm’s 50-day simple moving average is $27.53 and its 200 day simple moving average is $29.51. The company has a current ratio of 1.93, a quick ratio of 1.60 and a debt-to-equity ratio of 0.04.

About Want Want China

Want Want China Holdings Limited, trading on the OTC market under the symbol WWNTY, is a leading food and beverage company best known for its popular rice crackers, snack foods and flavored beverages. The company’s core product lineup includes a variety of seasoned rice cracker snacks, milk drinks, soy milk beverages and other savory treats, all marketed under the Want Want brand as well as several sub-brands tailored to regional tastes. In addition to snacks and beverages, Want Want China also produces dairy-based desserts and operates packaging business units that support both in-house and third-party clients.

Originally founded in Taiwan in the 1960s by entrepreneur Tsai Eng-meng, Want Want expanded into mainland China in the early 1990s to tap into burgeoning consumer demand.