Want Want China Holdings Ltd. (OTCMKTS:WWNTY) Sees Large Growth in Short Interest

Want Want China Holdings Ltd. (OTCMKTS:WWNTY) was the target of a significant growth in short interest in the month of May. As of May 15th, there was short interest totaling 31 shares, a growth of ? from the April 30th total of 0 shares. Based on an average daily volume of 37 shares, the short-interest ratio is currently 0.8 days. Approximately 0.0% of the shares of the company are sold short.

Want Want China Price Performance

WWNTY remained flat at $26.64 on Tuesday. The company had a trading volume of 140 shares, compared to its average volume of 29. Want Want China has a 52 week low of $25.00 and a 52 week high of $38.05. The company has a current ratio of 1.93, a quick ratio of 1.60 and a debt-to-equity ratio of 0.04. The firm has a 50 day simple moving average of $27.46 and a 200 day simple moving average of $29.47.

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.