Man Wah Holdings Limited (OTCMKTS:MAWHF – Get Free Report) saw a significant increase in short interest in December. As of December 31st, there was short interest totaling 7,559,340 shares, an increase of 581.6% from the December 15th total of 1,109,087 shares. Based on an average daily trading volume, of 18,245 shares, the short-interest ratio is presently 414.3 days. Based on an average daily trading volume, of 18,245 shares, the short-interest ratio is presently 414.3 days.
Man Wah Stock Performance
Shares of MAWHF remained flat at $0.62 on Wednesday. The stock’s 50 day simple moving average is $0.60 and its 200-day simple moving average is $0.57. Man Wah has a 52 week low of $0.49 and a 52 week high of $0.63.
About Man Wah
Man Wah Holdings Limited (OTCMKTS:MAWHF) is a China-based furniture manufacturer specializing in upholstered products. The company’s core offerings include reclining sofas, stationary upholstered seating and occasional chairs, designed for both residential and commercial markets. Through a combination of in-house design and external collaborations, Man Wah delivers a range of styles from classic to contemporary.
Operations are centered in Foshan, Guangdong province, where the company maintains vertically integrated manufacturing facilities.
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