Meiwu Technology Company Limited (NASDAQ:WNW – Get Free Report) saw a large drop in short interest during the month of June. As of June 15th, there was short interest totaling 8,553 shares, a drop of 73.2% from the May 31st total of 31,939 shares. Based on an average daily volume of 191,716 shares, the short-interest ratio is presently 0.0 days. Currently, 5.3% of the company’s shares are short sold.
Meiwu Technology Price Performance
NASDAQ WNW opened at $3.88 on Monday. Meiwu Technology has a 1 year low of $2.25 and a 1 year high of $1,352.00. The business’s 50-day moving average is $3.62 and its 200 day moving average is $79.63.
Insider Activity at Meiwu Technology
In related news, major shareholder Financial Lp Hrt sold 9,054 shares of Meiwu Technology stock in a transaction on Friday, May 8th. The shares were sold at an average price of $3.66, for a total value of $33,137.64. Following the transaction, the insider owned 13,918 shares in the company, valued at $50,939.88. This trade represents a 39.41% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.
Wall Street Analysts Forecast Growth
Read Our Latest Analysis on WNW
About Meiwu Technology
Wunong Net Technology Company Limited, a holding company, engages in the online retail of foods products in China. The company offers green food, organic food, intangible cultural heritage food, agricultural products, and pollution-free products. It also operates a restaurant under the Wunong Food Hall name; and engages in the wholesale of agricultural products. The company was formerly known as Advancement International Limited and changed its name to Wunong Net Technology Company Limited in August 2019.
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