Man Wah Holdings Limited (OTCMKTS:MAWHY – Get Free Report) was the target of a large drop in short interest during the month of July. As of July 15th, there was short interest totalling 100 shares, a drop of 97.1% from the June 30th total of 3,400 shares. Based on an average trading volume of 1,700 shares, the days-to-cover ratio is presently 0.1 days.
Man Wah Stock Performance
OTCMKTS:MAWHY remained flat at $12.62 during trading hours on Friday. The stock has a fifty day moving average of $15.87 and a 200-day moving average of $14.08. Man Wah has a one year low of $11.50 and a one year high of $18.82.
Man Wah Increases Dividend
The firm also recently announced a dividend, which will be paid on Tuesday, August 6th. Shareholders of record on Friday, July 5th will be issued a $0.3383 dividend. This is an increase from Man Wah’s previous dividend of $0.34. The ex-dividend date is Friday, July 5th.
Man Wah Company Profile
Man Wah Holdings Limited, an investment holding company, engages in the manufacture, wholesale, trading, and distribution of sofas and ancillary products in the People's Republic of China, North America, Europe, and internationally. The company operates through Sofa and Ancillary Products, Other Products, Other Business, and Home Group Business segments.
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