Wilmar International Ltd. (OTCMKTS:WLMIY) Shares Shorted: Short Interest Down 85.8% in October

Wilmar International Ltd. (OTCMKTS:WLMIY) saw a large drop in short interest in the month of October. As of October 30th, there was short interest totaling 2,034 shares, a drop of 85.8% from the October 15th total of 14,326 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily volume of 223,766 shares, the short-interest ratio is presently 0.0 days.

Wilmar International Stock Performance

Shares of OTCMKTS WLMIY traded up $0.17 during trading on Wednesday, reaching $23.02. 40,591 shares of the company traded hands, compared to its average volume of 51,472. The firm’s fifty day simple moving average is $27.08 and its 200 day simple moving average is $28.46. Wilmar International has a 12-month low of $22.41 and a 12-month high of $32.34.

About Wilmar International

Wilmar International is an integrated agribusiness group headquartered in Singapore. Founded in 1991, the company operates across the agricultural supply chain, from cultivation and processing to manufacturing and distribution. Its activities include oil palm cultivation, edible-oil refining, oilseed crushing, sugar milling and refining, and the production of specialty fats, oleochemicals and biodiesel. Wilmar also makes and distributes consumer food products, flour and rice. The company serves customers in markets around the world, with a strong presence across Asia and operations spanning multiple regions.