Man Wah Holdings Limited (OTCMKTS:MAWHY) Sees Significant Drop in Short Interest

Man Wah Holdings Limited (OTCMKTS:MAWHY) was the recipient of a significant decline in short interest in April. As of April 15th, there was short interest totalling 100 shares, a decline of 66.7% from the March 31st total of 300 shares. Based on an average daily volume of 600 shares, the short-interest ratio is presently 0.2 days.

Man Wah Stock Performance

Man Wah stock remained flat at $13.80 during midday trading on Thursday. The business has a 50 day moving average of $13.02 and a 200-day moving average of $13.37. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.23 and a quick ratio of 1.04. Man Wah has a 1 year low of $11.50 and a 1 year high of $14.89.

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.