Wing Yip Food Holdings Group Limited – Sponsored ADR (NASDAQ:WYHG) Short Interest Down 18.3% in January

Wing Yip Food Holdings Group Limited – Sponsored ADR (NASDAQ:WYHG) was the target of a significant drop in short interest in January. As of January 15th, there was short interest totaling 127,423 shares, a drop of 18.3% from the December 31st total of 155,880 shares. Based on an average daily trading volume, of 20,441 shares, the days-to-cover ratio is presently 6.2 days. Currently, 0.3% of the company’s stock are sold short. Currently, 0.3% of the company’s stock are sold short. Based on an average daily trading volume, of 20,441 shares, the days-to-cover ratio is presently 6.2 days.

Analyst Upgrades and Downgrades

A number of research analysts have commented on WYHG shares. Weiss Ratings reiterated a “sell (d)” rating on shares of Wing Yip Food Holdings Group in a research note on Monday, December 29th. Wall Street Zen lowered shares of Wing Yip Food Holdings Group from a “hold” rating to a “sell” rating in a research note on Saturday, December 20th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock presently has a consensus rating of “Sell”.

Institutional Investors Weigh In On Wing Yip Food Holdings Group

Several institutional investors and hedge funds have recently bought and sold shares of WYHG. Citadel Advisors LLC bought a new position in Wing Yip Food Holdings Group in the third quarter worth about $46,000. Virtu Financial LLC bought a new stake in shares of Wing Yip Food Holdings Group in the 3rd quarter worth approximately $38,000. Finally, Centiva Capital LP bought a new stake in shares of Wing Yip Food Holdings Group in the 3rd quarter worth approximately $37,000.

Wing Yip Food Holdings Group Stock Performance

Wing Yip Food Holdings Group stock opened at $0.46 on Tuesday. The company has a quick ratio of 3.61, a current ratio of 3.75 and a debt-to-equity ratio of 0.04. Wing Yip Food Holdings Group has a 12 month low of $0.43 and a 12 month high of $12.00. The company has a fifty day moving average price of $0.68 and a two-hundred day moving average price of $1.04.

Wing Yip Food Holdings Group Company Profile

Wing Yip Food Holdings Group (NASDAQ:WYHG) is a specialist retailer and distributor of Asian food products, operating a network of hypermarkets, wholesale warehouses and online channels. The company’s core business encompasses the sourcing, importation and sale of a broad assortment of groceries from China, Southeast Asia and other regions, including fresh produce, frozen seafood, rice, noodles, sauces, spices and specialty ingredients.

Through its flagship hypermarkets in key metropolitan areas of the United Kingdom, Wing Yip provides both retail customers and foodservice operators with access to a comprehensive range of Asian culinary products.