Want Want China Holdings Ltd. (OTCMKTS:WWNTY) Short Interest Up 116.1% in May

Want Want China Holdings Ltd. (OTCMKTS:WWNTY) saw a large increase in short interest in May. As of May 29th, there was short interest totaling 67 shares, an increase of 116.1% from the May 14th total of 31 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily volume of 83 shares, the short-interest ratio is presently 0.8 days.

Want Want China Stock Performance

Shares of Want Want China stock opened at $26.64 on Monday. The firm’s 50-day moving average is $27.02 and its 200 day moving average is $29.15. Want Want China has a 1 year low of $25.00 and a 1 year high of $38.05. The company has a current ratio of 1.93, a quick ratio of 1.60 and a debt-to-equity ratio of 0.04.

Want Want China Company Profile

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.