WH Group Limited (OTCMKTS:WHGLY) Sees Significant Growth in Short Interest

WH Group Limited (OTCMKTS:WHGLY) was the recipient of a significant increase in short interest during the month of January. As of January 31st, there was short interest totalling 6,800 shares, an increase of 142.9% from the January 15th total of 2,800 shares. Based on an average daily volume of 55,400 shares, the short-interest ratio is currently 0.1 days.

WH Group Price Performance

Shares of WHGLY opened at $15.86 on Thursday. The company’s 50-day moving average is $15.71 and its 200-day moving average is $15.35. WH Group has a fifty-two week low of $11.53 and a fifty-two week high of $17.30.

WH Group Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Friday, April 18th. Stockholders of record on Wednesday, February 19th will be issued a dividend of $0.0344 per share. The ex-dividend date of this dividend is Wednesday, February 19th.

About WH Group

WH Group Limited, an investment holding company, engages in the production, trading, wholesale, and retail sale of meat products in China, the United States, Mexico, and Europe. The company operates through Packaged Meats, Pork, and Others segments. It is also involved in the slaughtering, wholesale, and retail sale of fresh and frozen pork; and hog farming activities.