Wilmar International Ltd. (OTCMKTS:WLMIY) Short Interest Update

Wilmar International Ltd. (OTCMKTS:WLMIY) was the target of a significant growth in short interest during the month of May. As of May 15th, there was short interest totaling 41,820 shares, a growth of 264.4% from the April 30th total of 11,477 shares. Based on an average trading volume of 75,033 shares, the days-to-cover ratio is presently 0.6 days. Currently, 0.0% of the company’s stock are sold short.

Wilmar International Stock Down 3.2%

OTCMKTS WLMIY opened at $26.58 on Friday. Wilmar International has a 1-year low of $21.92 and a 1-year high of $31.45. The company has a quick ratio of 0.67, a current ratio of 1.12 and a debt-to-equity ratio of 0.29. The firm’s fifty day simple moving average is $29.53 and its 200-day simple moving average is $27.12.

Wilmar International Company Profile

Wilmar International Limited is a leading global agribusiness group with a diversified portfolio spanning palm oil cultivation, edible oils, sugar, flour milling, and oilseed crushing. Headquartered in Singapore, the company engages in the processing, refining, marketing, and distribution of agricultural commodities, serving both consumer and industrial markets. Its core products include a wide range of edible oils, specialty fats, and oleochemicals used across the food, pharmaceutical, and personal care industries.

Founded in 1991 by Kuok Khoon Hong and a consortium of agricultural entrepreneurs, Wilmar International has grown through strategic acquisitions and joint ventures to establish a vertically integrated supply chain.