Man Wah Holdings Limited (OTCMKTS:MAWHY) Short Interest Down 94.1% in June

Man Wah Holdings Limited (OTCMKTS:MAWHY) saw a large decrease in short interest during the month of June. As of June 30th, there was short interest totaling 885 shares, a decrease of 94.1% from the June 15th total of 15,046 shares. Based on an average daily volume of 1,508 shares, the short-interest ratio is presently 0.6 days. Currently, 0.0% of the company’s stock are short sold.

Man Wah Stock Performance

Shares of Man Wah stock remained flat at $8.10 during trading on Friday. 38 shares of the stock traded hands, compared to its average volume of 1,275. The business’s 50-day simple moving average is $9.22 and its 200-day simple moving average is $10.76. Man Wah has a 1-year low of $7.36 and a 1-year high of $13.45.

About Man Wah

Man Wah Holdings Limited operates as a vertically integrated designer, manufacturer and distributor of upholstered furniture. Headquartered in Hong Kong, the company primarily develops and produces a range of sofas, recliners, sectionals and related home furnishings. Man Wah’s operations encompass research and development, automated manufacturing processes and quality control, enabling it to maintain consistent standards across its product lines.

The company’s product portfolio includes leather and fabric upholstery, modular seating systems and motion furniture designed for residential and contract applications.