Man Wah Holdings Limited (OTCMKTS:MAWHF) Sees Significant Increase in Short Interest

Man Wah Holdings Limited (OTCMKTS:MAWHF) was the target of a significant growth in short interest in January. As of January 15th, there was short interest totalling 2,201,600 shares, a growth of 19.3% from the December 31st total of 1,846,000 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is currently ∞ days.

Man Wah Stock Performance

Shares of OTCMKTS MAWHF opened at $0.60 on Monday. Man Wah has a 12-month low of $0.53 and a 12-month high of $0.75. The business’s fifty day simple moving average is $0.60 and its 200-day simple moving average is $0.66.

About Man Wah

Man Wah Holdings Limited, an investment holding company, engages in the manufacture, wholesale, trading, and distribution of sofas and ancillary products in the People's Republic of China, North America, Europe, and internationally. The company operates through Sofa and Ancillary Products, Other Products, Other Business, and Home Group Business segments.