Want Want China Holdings Ltd. (OTCMKTS:WWNTY – Get Free Report) was the target of a large drop in short interest during the month of July. As of July 15th, there was short interest totaling 94 shares, a drop of 64.5% from the June 30th total of 265 shares. Based on an average daily volume of 46 shares, the days-to-cover ratio is currently 2.0 days. Approximately 0.0% of the shares of the company are sold short.
Want Want China Price Performance
WWNTY stock opened at $21.23 on Tuesday. Want Want China has a one year low of $21.23 and a one year high of $38.05. The company has a fifty day moving average price of $24.08 and a two-hundred day moving average price of $27.46.
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.
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