Short Interest in Wilmar International Ltd. (OTCMKTS:WLMIY) Grows By 177.8%

Wilmar International Ltd. (OTCMKTS:WLMIY) saw a large growth in short interest in July. As of July 15th, there was short interest totaling 34,525 shares, a growth of 177.8% from the June 30th total of 12,430 shares. Based on an average daily volume of 89,916 shares, the short-interest ratio is presently 0.4 days. Currently, 0.0% of the shares of the stock are sold short.

Wilmar International Stock Performance

WLMIY opened at $30.05 on Monday. The company has a quick ratio of 0.67, a current ratio of 1.12 and a debt-to-equity ratio of 0.29. The firm’s 50-day simple moving average is $28.39 and its 200-day simple moving average is $28.32. Wilmar International has a twelve month low of $21.92 and a twelve month high of $31.45.

Wilmar International Company Profile

Wilmar International Limited is a leading global agribusiness group with a diversified portfolio spanning palm oil cultivation, edible oils, sugar, flour milling, and oilseed crushing. Headquartered in Singapore, the company engages in the processing, refining, marketing, and distribution of agricultural commodities, serving both consumer and industrial markets. Its core products include a wide range of edible oils, specialty fats, and oleochemicals used across the food, pharmaceutical, and personal care industries.

Founded in 1991 by Kuok Khoon Hong and a consortium of agricultural entrepreneurs, Wilmar International has grown through strategic acquisitions and joint ventures to establish a vertically integrated supply chain.