Short Interest in Want Want China Holdings Ltd. (OTCMKTS:WWNTY) Decreases By 64.5%

Want Want China Holdings Ltd. (OTCMKTS:WWNTY) saw a significant drop in short interest in July. As of July 15th, there was short interest totaling 94 shares, a drop of 64.5% from the June 30th total of 265 shares. Based on an average daily volume of 46 shares, the days-to-cover ratio is currently 2.0 days. Approximately 0.0% of the company’s stock are short sold.

Want Want China Price Performance

Shares of OTCMKTS:WWNTY opened at $21.23 on Monday. The business’s 50 day moving average is $24.16 and its 200 day moving average is $27.52. Want Want China has a 12-month low of $21.23 and a 12-month high of $38.05.

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.