Want Want China Holdings Ltd. (OTCMKTS:WWNTY – Get Free Report) was the target of a significant increase in short interest in June. As of June 15th, there was short interest totaling 263 shares, an increase of 292.5% from the May 31st total of 67 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average trading volume of 61 shares, the short-interest ratio is presently 4.3 days.
Want Want China Price Performance
OTCMKTS:WWNTY opened at $25.44 on Friday. Want Want China has a 12-month low of $25.00 and a 12-month 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. The stock has a fifty day moving average price of $26.58 and a 200 day moving average price of $28.83.
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.
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