Wing Yip Food Holdings Group Limited – Sponsored ADR (NASDAQ:WYHG) Short Interest Update

Wing Yip Food Holdings Group Limited – Sponsored ADR (NASDAQ:WYHG) saw a large increase in short interest in September. As of September 15th, there was short interest totaling 126,318 shares, an increase of 76.8% from the August 31st total of 71,437 shares. Currently, 1.0% of the company’s stock are sold short. Based on an average trading volume of 2,193,214 shares, the short-interest ratio is presently 0.1 days.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on the company. Wall Street Zen upgraded Wing Yip Food Holdings Group to a “hold” rating in a report on Saturday, August 22nd. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Wing Yip Food Holdings Group in a report on Friday. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Wing Yip Food Holdings Group presently has an average rating of “Sell”.

Wing Yip Food Holdings Group Stock Performance

Shares of WYHG traded down $0.04 during mid-day trading on Wednesday, hitting $3.77. The company’s stock had a trading volume of 20,200 shares, compared to its average volume of 708,182. The firm has a 50-day moving average price of $4.60 and a 200 day moving average price of $3.68. The company has a debt-to-equity ratio of 0.08, a quick ratio of 4.42 and a current ratio of 4.77. Wing Yip Food Holdings Group has a fifty-two week low of $1.56 and a fifty-two week high of $26.17.

Wing Yip Food Holdings Group Company Profile

Wing Yip Food Holdings Group Limited (NASDAQ: WYHG) is a China-based food company focused on the production and sale of Chinese-style food products. Its offerings include frozen and prepared foods, such as dumplings, buns, pastries and other traditional items.

The company serves consumers and commercial customers through distribution and retail channels in China. Its operations are centered on manufacturing, marketing and distributing packaged food products designed for convenient preparation and consumption.

Wing Yip Food Holdings Group is organized as a holding company, with its operating activities conducted through subsidiaries.