Does WH GROUP LTD ORD CAYMAN ISLANDS (OTCMKTS:WHGRF) Have Gas After Even Less Sellers Involved?

 

By Louis Casey, BZ Weekly

December 5, 2017

 

The stock of WH GROUP LTD ORD CAYMAN ISLANDS (OTCMKTS:WHGRF) registered a decrease of 8.47% in short interest. WHGRF’s total short interest was 17.34 million shares in December as published by FINRA. Its down 8.47% from 18.94M shares, reported previously. With 21,700 shares average volume, it will take short sellers 799 days to cover their WHGRF’s short positions.

 

It closed at $1.07 lastly. It is up 0.00% since December 5, 2016 and is . It has underperformed by 16.70% the S&P500.

 

WH Group Limited, an investment holding company, engages in the production, wholesale, and retail sale of meat products in China, the United States, and internationally. The company has market cap of $14.78 billion. It operates through Packaged Meats, Fresh Pork, Hog Production, and Others divisions. It has a 14.66 P/E ratio. The firm offers smoked and boiled hams, bacons, sausages, hot dogs, deli, and luncheon meats; specialty products comprising pepperoni, dry meat products, and ready-to-eat products; and prepared foods, such as pre-cooked entrees, bacons, and sausages primarily under the Smithfield, Eckrich, Farmland, Armour, Cook's, Gwaltney, John Morrell, Kretschmar, Curly's, Carando, Margherita, and Healthy Ones brands.

 

More notable recent WH Group Limited (OTCMKTS:WHGRF) news were published by: Reuters.com which released: “Exclusive: China’s WH Group targets beef and poultry assets in US and Europe” on June 08, 2017, also Reuters.com with their article: “China’s CDH to raise up to $743 million from WH Group stake sale: IFR” published on May 19, 2017, Reuters.com published: “RPT-WH Group woos Chinese eaters with spicy pork, sticky rice sausages” on November 26, 2017. More interesting news about WH Group Limited (OTCMKTS:WHGRF) were released by: Globenewswire.com and their article: “WH Group’s Smithfield Establishes Strategic Partnership with JD.com for …” published on October 24, 2017 as well as Finance.Yahoo.com‘s news article titled: “WH Group Announces 2016 Annual Results” with publication date: March 22, 2017.

 

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