Want Want China Holdings Ltd. (OTCMKTS:WWNTY) Short Interest Down 64.5% in July

Want Want China Holdings Ltd. (OTCMKTS:WWNTY) saw a large drop in short interest in July. As of July 15th, there was short interest totaling 94 shares, a drop of 64.5% from the June 30th total of 265 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average trading volume of 46 shares, the short-interest ratio is presently 2.0 days.

Want Want China Price Performance

WWNTY opened at $21.23 on Wednesday. The company has a 50-day moving average of $24.01 and a 200-day moving average of $27.39. Want Want China has a 1-year low of $21.23 and a 1-year high of $38.05.

Want Want China Company Profile

Want Want China Holdings Limited, trading on the OTC market under the symbol WWNTY, is a leading food and beverage company best known for its popular rice crackers, snack foods and flavored beverages. The company’s core product lineup includes a variety of seasoned rice cracker snacks, milk drinks, soy milk beverages and other savory treats, all marketed under the Want Want brand as well as several sub-brands tailored to regional tastes. In addition to snacks and beverages, Want Want China also produces dairy-based desserts and operates packaging business units that support both in-house and third-party clients.

Originally founded in Taiwan in the 1960s by entrepreneur Tsai Eng-meng, Want Want expanded into mainland China in the early 1990s to tap into burgeoning consumer demand.