Meiwu Technology Company Limited (NASDAQ:WNW) Short Interest Update

Meiwu Technology Company Limited (NASDAQ:WNW) was the target of a significant decrease in short interest during the month of January. As of January 30th, there was short interest totaling 11,305 shares, a decrease of 52.8% from the January 15th total of 23,961 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average daily volume of 46,317 shares, the days-to-cover ratio is presently 0.2 days. Based on an average daily volume of 46,317 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.1% of the shares of the company are sold short.

Meiwu Technology Price Performance

Shares of NASDAQ WNW opened at $1.48 on Friday. The business has a 50-day simple moving average of $1.52 and a two-hundred day simple moving average of $1.69. Meiwu Technology has a fifty-two week low of $0.95 and a fifty-two week high of $6.66.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of Meiwu Technology in a report on Wednesday, January 21st. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company presently has an average rating of “Sell”.

About Meiwu Technology

Wunong Net Technology Company Limited, a holding company, engages in the online retail of foods products in China. The company offers green food, organic food, intangible cultural heritage food, agricultural products, and pollution-free products. It also operates a restaurant under the Wunong Food Hall name; and engages in the wholesale of agricultural products. The company was formerly known as Advancement International Limited and changed its name to Wunong Net Technology Company Limited in August 2019.