Short Interest in WH Group Limited (OTCMKTS:WHGLY) Declines By 71.3%

WH Group Limited (OTCMKTS:WHGLY) saw a significant decline in short interest during the month of October. As of October 15th, there was short interest totalling 2,300 shares, a decline of 71.3% from the September 30th total of 8,000 shares. Based on an average trading volume of 72,300 shares, the days-to-cover ratio is currently 0.0 days.

WH Group Price Performance

Shares of WHGLY traded up $0.26 during midday trading on Friday, reaching $16.02. The stock had a trading volume of 14,557 shares, compared to its average volume of 31,700. The company’s fifty day simple moving average is $15.19 and its two-hundred day simple moving average is $14.26. WH Group has a 1-year low of $11.12 and a 1-year high of $16.61.

WH Group Cuts Dividend

The firm also recently declared a dividend, which was paid on Monday, October 7th. Shareholders of record on Tuesday, August 27th were paid a $0.226 dividend. The ex-dividend date of this dividend was Tuesday, August 27th.

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.