MAN WAH HOLDINGS (OTCMKTS:MAWHF)’s Stock Is Sell After More Market Selling

February 15, 2018 - By Richard Conner

The stock of MAN WAH HOLDINGS (OTCMKTS:MAWHF) registered an increase of 777.24% in short interest. MAWHF’s total short interest was 8.36M shares in February as published by FINRA. Its up 777.24% from 953,000 shares, reported previously. With 28,300 shares average volume, it will take short sellers 295 days to cover their MAWHF’s short positions.

It closed at $0.86 lastly. It is down 0.00% since February 15, 2017 and is . It has underperformed by 16.70% the S&P500.

Man Wah Holdings Limited, an investment holding company, makes and distributes sofas and ancillary products in the United States, Canada, the PeopleÂ’s Republic of China, and internationally. The company has market cap of $3.31 billion. It operates through Sofa and Ancillary Products , Sofa and Ancillary Products (Retail), Home Group Business, and Other products divisions. It has a 15.64 P/E ratio. The firm is also involved in the advertising and marketing of home furnishing products, as well as produces and sells mattresses, bedding products, chairs, and other products to railways, chain cinemas, and other business customers.

More news for Man Wah Holdings Limited (OTCMKTS:MAWHF) were recently published by: Wsj.com, which released: “Targeted by Short Seller Muddy Waters, Man Wah Sinks” on June 07, 2017. Wsj.com‘s article titled: “The Risky Business of Short Selling in Hong Kong” and published on July 06, 2017 is yet another important article.

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