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Wilmar International Limited (OTCMKTS:WLMIY) Sees Large Growth in Short Interest

Wilmar International logo with Basic Materials background

Wilmar International Limited (OTCMKTS:WLMIY - Get Free Report) was the target of a significant growth in short interest in October. As of October 15th, there was short interest totalling 17,500 shares, a growth of 264.6% from the September 30th total of 4,800 shares. Based on an average daily volume of 24,600 shares, the days-to-cover ratio is presently 0.7 days.

Wilmar International Stock Down 1.1 %

WLMIY traded down $0.27 on Friday, reaching $24.59. 8,750 shares of the company traded hands, compared to its average volume of 13,857. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.75 and a current ratio of 1.17. The stock's 50 day moving average price is $24.82 and its 200-day moving average price is $24.02. Wilmar International has a 52-week low of $22.10 and a 52-week high of $27.62.

Wilmar International Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, September 13th. Stockholders of record on Friday, August 23rd were paid a $0.4044 dividend. The ex-dividend date of this dividend was Friday, August 23rd.

About Wilmar International

(Get Free Report)

Wilmar International Limited operates as an agribusiness company in Singapore, South East Asia, the People's Republic of China, India, Europe, Australia/New Zealand, Africa, and internationally. The company operates through four segments: Food Products, Feed and Industrial Products, Plantation and Sugar Milling, and Others.

Further Reading

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