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

Wing Yip Food Holdings Group Limited – Sponsored ADR (NASDAQ:WYHG) was the target of a significant decrease in short interest in October. As of October 15th, there was short interest totaling 33,920 shares, a decrease of 35.0% from the September 30th total of 52,190 shares. Currently, 0.3% of the company’s stock are sold short. Based on an average daily volume of 59,990 shares, the days-to-cover ratio is presently 0.6 days.

Wing Yip Food Holdings Group Trading Up 16.8%

Shares of Wing Yip Food Holdings Group stock opened at $3.19 on Wednesday. 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 $3.77 and a 200-day simple moving average of $3.26.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on WYHG shares. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Wing Yip Food Holdings Group in a research report on Friday, September 25th. Wall Street Zen upgraded shares of Wing Yip Food Holdings Group to a “hold” rating in a research note on Saturday, August 22nd. One investment analyst has rated the stock with a Sell rating. According to MarketBeat.com, the stock has an average rating of “Sell”.

About Wing Yip Food Holdings Group

Wing Yip Food Holdings Group Limited is a food manufacturing and distribution company focused on traditional Chinese food products. Through its operating subsidiaries, the company produces and sells Chinese-style sausages, cured meat and related prepared-food products.

The company’s products are marketed primarily to consumers and food-service customers seeking Chinese specialty foods. Its business includes the processing, packaging and distribution of its products through established sales channels in the markets it serves.

Publicly available information about Wing Yip Food Holdings Group’s corporate history, geographic reach and leadership is limited.