Man Wah Holdings Limited (OTCMKTS:MAWHF) Short Interest Update

Man Wah Holdings Limited (OTCMKTS:MAWHF) was the target of a significant decline in short interest during the month of February. As of February 27th, there was short interest totaling 1,057,555 shares, a decline of 29.0% from the February 12th total of 1,489,887 shares. Based on an average daily volume of 222 shares, the days-to-cover ratio is currently 4,763.8 days. Based on an average daily volume of 222 shares, the days-to-cover ratio is currently 4,763.8 days.

Man Wah Stock Performance

Shares of OTCMKTS:MAWHF remained flat at $0.60 during trading on Friday. The stock has a 50-day moving average of $0.63 and a 200 day moving average of $0.61. Man Wah has a fifty-two week low of $0.49 and a fifty-two week high of $0.68.

About Man Wah

Man Wah Holdings Limited (OTCMKTS:MAWHF) is a China-based furniture manufacturer specializing in upholstered products. The company’s core offerings include reclining sofas, stationary upholstered seating and occasional chairs, designed for both residential and commercial markets. Through a combination of in-house design and external collaborations, Man Wah delivers a range of styles from classic to contemporary.

Operations are centered in Foshan, Guangdong province, where the company maintains vertically integrated manufacturing facilities.