WH Group Limited (OTCMKTS:WHGLY – Get Free Report) was the target of a large decline in short interest in July. As of July 31st, there was short interest totaling 8,699 shares, a decline of 52.3% from the July 15th total of 18,220 shares. Based on an average daily volume of 89,570 shares, the days-to-cover ratio is currently 0.1 days.
WH Group Stock Performance
WHGLY opened at $20.13 on Monday. The company’s fifty day moving average price is $21.33 and its two-hundred day moving average price is $23.75. WH Group has a 1-year low of $18.36 and a 1-year high of $28.31.
About WH Group
WH Group (OTCMKTS: WHGLY) is a global leader in pork production and processing, recognized as one of the world’s largest pork companies. The firm develops, produces and distributes a broad portfolio of fresh pork, packaged pork products and processed meats under a variety of brand names, including Smithfield in the United States and Shuanghui in China. With integrated operations spanning the value chain—from hog breeding and feed production to meat processing and packaging—the company serves retail, foodservice and industrial customers worldwide.
The roots of WH Group trace back to a municipal meat processing plant in Luohe, China, which was founded in 1958.
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