Wilmar International Ltd. (OTCMKTS:WLMIY) Short Interest Down 94.5% in May
by Danessa Lincoln · The Markets DailyWilmar International Ltd. (OTCMKTS:WLMIY – Get Free Report) was the target of a large drop in short interest in the month of May. As of May 29th, there was short interest totaling 2,312 shares, a drop of 94.5% from the May 14th total of 41,820 shares. Based on an average trading volume of 98,433 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the company’s shares are short sold.
Wilmar International Stock Performance
Shares of WLMIY stock traded up $0.24 during mid-day trading on Tuesday, reaching $26.22. The company’s stock had a trading volume of 87,857 shares, compared to its average volume of 41,065. The company’s 50 day simple moving average is $29.21 and its 200-day simple moving average is $27.19. Wilmar International has a 12-month low of $21.92 and a 12-month high of $31.45. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.67 and a current ratio of 1.12.
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.