Man Wah Holdings Limited (OTCMKTS:MAWHF) Sees Large Drop in Short Interest

Man Wah Holdings Limited (OTCMKTS:MAWHF) was the target of a large decline in short interest in the month of January. As of January 30th, there was short interest totaling 4,325,887 shares, a decline of 45.8% from the January 15th total of 7,980,287 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is currently ∞ days. Based on an average trading volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Man Wah Stock Performance

Shares of OTCMKTS:MAWHF opened at $0.62 on Friday. Man Wah has a 1-year low of $0.49 and a 1-year high of $0.63. The firm has a fifty day moving average price of $0.61 and a 200 day moving average price of $0.59.

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.