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Wing Yip Food Holdings Group Limited – Sponsored ADR (NASDAQ:WYHG – Get Free Report) was the recipient of a significant decline in short interest in October. As of October 15th, there was short interest totaling 33,920 shares, a decline of 35.0% from the September 30th total of 52,190 shares. Approximately 0.3% of the company’s shares are sold short. Based on an average daily trading volume, of 59,990 shares, the short-interest ratio is presently 0.6 days.
Wing Yip Food Holdings Group Stock Performance
Shares of WYHG opened at $2.74 on Monday. The stock’s 50-day moving average is $3.86 and its two-hundred day moving average is $3.26. Wing Yip Food Holdings Group has a 12 month low of $1.56 and a 12 month high of $26.17.
Analysts Set New Price Targets
Several research firms have issued reports on WYHG. Wall Street Zen upgraded shares of Wing Yip Food Holdings Group to a “hold” rating in a research note on Saturday, August 22nd. Weiss Ratings reissued a “sell (d+)” rating on shares of Wing Yip Food Holdings Group in a research note on Friday, September 25th. One analyst has rated the stock with a Sell rating. According to data from MarketBeat, Wing Yip Food Holdings Group currently has an average rating of “Sell”.
Get Our Latest Research Report on WYHG
Wing Yip Food Holdings Group Company Profile
Wing Yip Food Holdings Group Limited is a food manufacturing and distribution company focused on traditional Chinese food products. Through its operating subsidiaries, the company produces and sells Chinese-style sausages, cured meat and related prepared-food products.
The company’s products are marketed primarily to consumers and food-service customers seeking Chinese specialty foods. Its business includes the processing, packaging and distribution of its products through established sales channels in the markets it serves.
Publicly available information about Wing Yip Food Holdings Group’s corporate history, geographic reach and leadership is limited.
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