Want Want China Holdings Ltd. (OTCMKTS:WWNTY – Get Free Report) was the target of a large increase in short interest in June. As of June 15th, there was short interest totaling 263 shares, an increase of 292.5% from the May 31st total of 67 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average trading volume of 61 shares, the days-to-cover ratio is presently 4.3 days.
Want Want China Price Performance
Shares of WWNTY opened at $25.44 on Friday. The stock has a 50 day moving average price of $26.58 and a 200 day moving average price of $28.83. Want Want China has a 52-week low of $25.00 and a 52-week high of $38.05. The company has a quick ratio of 1.60, a current ratio of 1.93 and a debt-to-equity ratio of 0.04.
About Want Want China
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.
Recommended Stories
- Five stocks we like better than Want Want China
- Rocket Lab’s NASA Win Tests Key Support After Sharp Pullback
- AST SpaceMobile Just Nailed a Major Launch—So Why Is the Stock Crashing?
- Palantir’s Valuation Problem Just Met 2 New Growth Catalysts
- Xcel Energy Stock Offers Stability as Electricity Demand Builds
Receive News & Ratings for Want Want China Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Want Want China and related companies with MarketBeat.com's FREE daily email newsletter.
