Short Interest in WH Group Limited (OTCMKTS:WHGLY) Rises By 142.9%

WH Group Limited (OTCMKTS:WHGLY) was the target of a large growth in short interest in the month of January. As of January 31st, there was short interest totalling 6,800 shares, a growth of 142.9% from the January 15th total of 2,800 shares. Based on an average daily volume of 55,400 shares, the days-to-cover ratio is currently 0.1 days.

WH Group Stock Performance

Shares of WHGLY stock traded up $0.55 during mid-day trading on Wednesday, reaching $15.86. The company’s stock had a trading volume of 13,511 shares, compared to its average volume of 33,047. The company’s 50 day simple moving average is $15.71 and its 200-day simple moving average is $15.35. WH Group has a 12-month low of $11.53 and a 12-month high of $17.30.

WH Group Cuts Dividend

The firm also recently declared a dividend, which will be paid on Friday, April 18th. Investors of record on Wednesday, February 19th will be issued a $0.0344 dividend. The ex-dividend date of this dividend is Wednesday, February 19th.

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.