Wilmar International Ltd. (OTCMKTS:WLMIY) Short Interest Up 177.8% in July

Wilmar International Ltd. (OTCMKTS:WLMIY) was the target of a large growth in short interest in July. As of July 15th, there was short interest totaling 34,525 shares, a growth of 177.8% from the June 30th total of 12,430 shares. Based on an average daily trading volume, of 89,916 shares, the short-interest ratio is presently 0.4 days. Currently, 0.0% of the shares of the company are sold short.

Wilmar International Stock Performance

Shares of WLMIY stock opened at $29.86 on Tuesday. The company’s fifty day simple moving average is $28.40 and its two-hundred day simple moving average is $28.36. Wilmar International has a 1 year low of $21.92 and a 1 year high of $31.45. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.12 and a quick ratio of 0.67.

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.