Wilmar International Ltd. (OTCMKTS:WLMIY) Sees Significant Increase in Short Interest

Wilmar International Ltd. (OTCMKTS:WLMIY) was the recipient of a large increase in short interest during the month of December. As of December 15th, there was short interest totaling 20,485 shares, an increase of 261.9% from the November 30th total of 5,661 shares. Based on an average daily volume of 63,086 shares, the days-to-cover ratio is presently 0.3 days. Based on an average daily volume of 63,086 shares, the days-to-cover ratio is presently 0.3 days.

Wilmar International Price Performance

Shares of WLMIY stock opened at $23.93 on Friday. Wilmar International has a one year low of $21.40 and a one year high of $27.21. The company’s 50-day moving average is $24.24 and its 200 day moving average is $23.35.

Wilmar International Company Profile

Wilmar International Limited is a leading global agribusiness group with a diversified portfolio spanning palm oil cultivation, edible oils, sugar, flour milling, and oilseed crushing. Headquartered in Singapore, the company engages in the processing, refining, marketing, and distribution of agricultural commodities, serving both consumer and industrial markets. Its core products include a wide range of edible oils, specialty fats, and oleochemicals used across the food, pharmaceutical, and personal care industries.

Founded in 1991 by Kuok Khoon Hong and a consortium of agricultural entrepreneurs, Wilmar International has grown through strategic acquisitions and joint ventures to establish a vertically integrated supply chain.