Short Interest in Wilmar International Ltd. (OTCMKTS:WLMIY) Decreases By 36.7%

Wilmar International Ltd. (OTCMKTS:WLMIY) saw a significant decline in short interest in August. As of August 14th, there was short interest totaling 11,795 shares, a decline of 36.7% from the July 30th total of 18,642 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily volume of 59,084 shares, the days-to-cover ratio is presently 0.2 days.

Wilmar International Trading Down 2.0%

WLMIY opened at $29.56 on Wednesday. Wilmar International has a 52 week low of $21.92 and a 52 week high of $32.34. 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 business’s fifty day simple moving average is $29.62 and its 200 day simple moving average is $29.10.

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.