Man Wah Holdings Limited (OTCMKTS:MAWHY) Short Interest Down 94.1% in June

Man Wah Holdings Limited (OTCMKTS:MAWHY) was the target of a large decline in short interest in June. As of June 30th, there was short interest totaling 885 shares, a decline of 94.1% from the June 15th total of 15,046 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 1,508 shares, the days-to-cover ratio is presently 0.6 days.

Man Wah Stock Performance

Shares of OTCMKTS MAWHY remained flat at $8.10 during trading hours on Friday. The stock had a trading volume of 2 shares, compared to its average volume of 1,275. The firm’s 50 day moving average is $9.22 and its 200 day moving average is $10.76. Man Wah has a 52-week low of $7.36 and a 52-week high of $13.45.

Man Wah Company Profile

Man Wah Holdings Limited operates as a vertically integrated designer, manufacturer and distributor of upholstered furniture. Headquartered in Hong Kong, the company primarily develops and produces a range of sofas, recliners, sectionals and related home furnishings. Man Wah’s operations encompass research and development, automated manufacturing processes and quality control, enabling it to maintain consistent standards across its product lines.

The company’s product portfolio includes leather and fabric upholstery, modular seating systems and motion furniture designed for residential and contract applications.