WH Group Limited (OTCMKTS:WHGLY – Get Free Report) was the recipient of a large drop in short interest in the month of May. As of May 29th, there was short interest totaling 4,268 shares, a drop of 71.6% from the May 14th total of 15,045 shares. Based on an average trading volume of 79,999 shares, the days-to-cover ratio is presently 0.1 days.
WH Group Stock Performance
Shares of OTCMKTS WHGLY opened at $22.46 on Thursday. WH Group has a one year low of $18.36 and a one year high of $28.31. The business has a 50-day moving average price of $25.16 and a two-hundred day moving average price of $24.04.
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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