WH Group Limited (OTCMKTS:WHGLY) Sees Large Decline in Short Interest

WH Group Limited (OTCMKTS:WHGLY) was the recipient of a large decrease in short interest during the month of February. As of February 15th, there was short interest totalling 5,900 shares, a decrease of 13.2% from the January 31st total of 6,800 shares. Based on an average trading volume of 48,800 shares, the days-to-cover ratio is currently 0.1 days.

WH Group Price Performance

Shares of WHGLY stock opened at $17.50 on Thursday. WH Group has a 12 month low of $12.18 and a 12 month high of $17.50. The company’s fifty day simple moving average is $15.69 and its 200-day simple moving average is $15.61.

WH Group Increases Dividend

The business also recently announced a dividend, which will be paid on Monday, April 7th. Investors of record on Friday, March 14th will be issued a dividend of $0.4629 per share. The ex-dividend date is Friday, March 14th. This is a positive change from WH Group’s previous dividend of $0.03.

WH Group Company Profile

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.