Wing Yip Food Holdings Group Limited (Uplisting) (NASDAQ:WYHG) Shares Down 3.6% – Time to Sell?

Wing Yip Food Holdings Group Limited (Uplisting) (NASDAQ:WYHG)’s share price dropped 3.6% during trading on Wednesday . The company traded as low as $9.30 and last traded at $9.40. Approximately 1,254,622 shares traded hands during mid-day trading, an increase of 861% from the average daily volume of 130,492 shares. The stock had previously closed at $9.75.

Wing Yip Food Holdings Group Limited (Uplisting) Price Performance

The stock has a 50 day moving average of $8.32.

Hedge Funds Weigh In On Wing Yip Food Holdings Group Limited (Uplisting)

An institutional investor recently bought a new position in Wing Yip Food Holdings Group Limited (Uplisting) stock. Advisors Preferred LLC bought a new stake in shares of Wing Yip Food Holdings Group Limited (Uplisting) (NASDAQ:WYHG) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 12,642 shares of the company’s stock, valued at approximately $114,000.

Wing Yip Food Holdings Group Limited (Uplisting) Company Profile

Wing Yip Food Holdings Group Ltd. is a holding company. It engages in the business of processing, selling, and distributing cured meat products including cured pork sausages, cured pork meat, and other cured meat products such as cured chicken, cured duck, and cured fish; snack products including ready-to-eat sausages, jerky, duck necks, duck feet, and clay pot rice; and frozen meat products including frozen sausages, frozen beef patties, and frozen chicken breast fillets.