WH Group Limited (OTCMKTS:WHGLY) Short Interest Update

WH Group Limited (OTCMKTS:WHGLY) was the target of a large drop in short interest in the month of July. As of July 31st, there was short interest totaling 12,800 shares, adropof76.9% from the July 15th total of 55,500 shares. Based on an average daily volume of 32,100 shares, the days-to-cover ratio is presently 0.4 days. Based on an average daily volume of 32,100 shares, the days-to-cover ratio is presently 0.4 days.

Wall Street Analyst Weigh In

Separately, The Goldman Sachs Group assumed coverage on shares of WH Group in a research report on Tuesday, May 13th. They issued a “buy” rating for the company.

WH Group Price Performance

OTCMKTS WHGLY opened at $20.78 on Friday. The company has a fifty day simple moving average of $19.70 and a 200 day simple moving average of $18.04. WH Group has a 12-month low of $13.95 and a 12-month high of $21.48.

WH Group Company Profile

WH Group Limited, an investment holding company, engages in the production, trading, wholesale, and retail sale of meat products in China, the United States, Mexico, and Europe. The company operates through Packaged Meats, Pork, and Others segments. It is also involved in the slaughtering, wholesale, and retail sale of fresh and frozen pork; and hog farming activities.