WH Group Limited (OTCMKTS:WHGLY) Short Interest Update

WH Group Limited (OTCMKTS:WHGLY) was the target of a large drop in short interest during the month of May. As of May 15th, there was short interest totalling 6,200 shares, a drop of 64.8% from the April 30th total of 17,600 shares. Based on an average daily volume of 54,300 shares, the short-interest ratio is presently 0.1 days.

Analyst Ratings Changes

Separately, The Goldman Sachs Group began coverage on WH Group in a report on Tuesday, May 13th. They issued a “buy” rating on the stock.

WH Group Stock Down 0.2%

WH Group stock opened at $18.04 on Friday. The company has a 50 day moving average price of $17.69 and a 200-day moving average price of $16.60. WH Group has a fifty-two week low of $12.49 and a fifty-two week high of $19.70.

WH Group Increases Dividend

The firm also recently declared a dividend, which was paid on Monday, April 7th. Investors of record on Friday, March 14th were issued a $0.4629 dividend. This is a boost from WH Group’s previous dividend of $0.03. The ex-dividend date was Friday, March 14th.

About WH Group

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.