Man Wah Holdings Limited (OTCMKTS:MAWHF – Get Free Report) was the target of a large decrease in short interest in February. As of February 27th, there was short interest totaling 1,057,555 shares, a decrease of 29.0% from the February 12th total of 1,489,887 shares. Based on an average daily volume of 222 shares, the days-to-cover ratio is currently 4,763.8 days. Based on an average daily volume of 222 shares, the days-to-cover ratio is currently 4,763.8 days.
Man Wah Stock Performance
Shares of OTCMKTS MAWHF remained flat at $0.60 on Monday. The company has a fifty day moving average of $0.63 and a two-hundred day moving average of $0.61. Man Wah has a 12 month low of $0.49 and a 12 month high of $0.68.
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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