Wilmar International Ltd. (OTCMKTS:WLMIY) Short Interest Update

Wilmar International Ltd. (OTCMKTS:WLMIY) was the recipient of a large decline in short interest during the month of September. As of September 15th, there was short interest totaling 6,628 shares, a decline of 58.0% from the August 31st total of 15,774 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 158,068 shares, the days-to-cover ratio is presently 0.0 days.

Wilmar International Price Performance

Shares of WLMIY opened at $27.99 on Wednesday. The business has a fifty day moving average of $29.58 and a 200 day moving average of $29.24. Wilmar International has a 52-week low of $21.92 and a 52-week high of $32.34. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.67 and a current ratio of 1.12.

Wilmar International Company Profile

Wilmar International Limited is a Singapore-based agribusiness company engaged in the processing, merchandising and distribution of agricultural commodities and food products. Its activities span the full value chain, from oil palm cultivation and oilseed crushing to refining, manufacturing and consumer distribution.

The company’s product portfolio includes edible oils, specialty fats, oleochemicals, biodiesel, flour, rice, sugar and packaged food products. Wilmar also operates businesses involved in sugar milling, refining and merchandising, as well as oilseed processing and the manufacture of food ingredients for consumer and industrial customers.

Founded in 1991 by Kuok Khoon Hong and Martua Sitorus, Wilmar has expanded into a multinational group serving markets across Asia, Africa and other regions.