A Reversal for WILMAR INTERNATIONAL LTD ORDINARY SHARES (OTCMKTS:WLMIF) Is Near. The Stock Has Decrease in Shorts

July 16, 2018 - By Carolyn Hewitt

Wilmar International Limited (OTCMKTS:WLMIF) Logo

The stock of WILMAR INTERNATIONAL LTD ORDINARY SHARES (OTCMKTS:WLMIF) registered a decrease of 9.77% in short interest. WLMIF’s total short interest was 7.84 million shares in July as published by FINRA. Its down 9.77% from 8.69M shares, reported previously. With 4,900 shares average volume, it will take short sellers 1600 days to cover their WLMIF’s short positions. The short interest to WILMAR INTERNATIONAL LTD ORDINARY SHARES’s float is 0.42%.

It closed at $2.384 lastly. It is up 0.00% since July 16, 2017 and is . It has underperformed by 12.57% the S&P500.

Wilmar International Limited operates as an agribusiness firm in the People??s Republic of China and internationally. The company has market cap of $14.25 billion. The firm operates through four divisions: Tropical Oils, Oilseeds and Grains, Sugar, and Others. It has a 13.94 P/E ratio. It engages in the oil palm cultivation, harvesting, and milling activities that primarily provide crude palm oil and palm kernel; and milling of fresh palm fruit bunches.

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