Wing Yip Food Holdings Group Limited – Sponsored ADR (NASDAQ:WYHG) Stock Short Interest Report for September

Wing Yip Food Holdings Group Limited – Sponsored ADR (NASDAQ:WYHG) was the target of a significant drop in short interest in September. As of September 30th, there was short interest totaling 52,190 shares, a drop of 58.7% from the September 15th total of 126,318 shares. Based on an average daily volume of 37,341 shares, the short-interest ratio is currently 1.4 days. Approximately 0.4% of the company’s stock are sold short.

Wing Yip Food Holdings Group Price Performance

Shares of NASDAQ:WYHG traded down $0.15 on Tuesday, hitting $3.15. 21,219 shares of the company traded hands, compared to its average volume of 678,716. Wing Yip Food Holdings Group has a 52 week low of $1.56 and a 52 week high of $26.17. The stock has a 50 day simple moving average of $4.59 and a 200-day simple moving average of $3.79.

Analyst Ratings Changes

Several equities analysts have recently issued reports on WYHG shares. Wall Street Zen upgraded shares of Wing Yip Food Holdings Group to a “hold” rating in a report on Saturday, August 22nd. Weiss Ratings restated a “sell (d+)” rating on shares of Wing Yip Food Holdings Group in a research note on Friday, September 25th. One investment analyst has rated the stock with a Sell rating. Based on data from MarketBeat.com, the company presently has a consensus rating of “Sell”.

Wing Yip Food Holdings Group Company Profile

Wing Yip Food Holdings Group Limited is a food company that operates through subsidiaries in China. The company focuses on the production and sale of food products for consumers and commercial customers.

Its product portfolio includes Chinese-style prepared and preserved foods, including meat-based products and other packaged food offerings. The company’s activities encompass food manufacturing, processing, packaging and distribution.

Wing Yip Food Holdings Group serves the Chinese market through its food-production operations and sales channels.