Man Wah Holdings Limited (OTCMKTS:MAWHF – Get Free Report) was the recipient of a significant decrease in short interest during the month of May. As of May 15th, there was short interest totaling 1,491,155 shares, a decrease of 41.5% from the April 30th total of 2,550,287 shares. Based on an average daily volume of 113 shares, the days-to-cover ratio is presently 13,196.1 days.
Man Wah Price Performance
Man Wah stock remained flat at $0.55 during mid-day trading on Wednesday. The company’s 50 day moving average is $0.59 and its two-hundred day moving average is $0.60. Man Wah has a 1-year low of $0.49 and a 1-year high of $0.68.
Man Wah Company Profile
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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