Short Interest in Winpak Ltd. (OTCMKTS:WIPKF) Expands By 20.5%

Winpak Ltd. (OTCMKTS:WIPKF) was the recipient of a significant growth in short interest in June. As of June 15th, there was short interest totalling 98,800 shares, a growth of 20.5% from the May 31st total of 82,000 shares. Based on an average trading volume of 800 shares, the days-to-cover ratio is currently 123.5 days.

Winpak Stock Performance

WIPKF stock opened at $31.83 on Monday. The business has a 50-day moving average price of $32.36 and a 200 day moving average price of $31.14. Winpak has a 1-year low of $27.19 and a 1-year high of $34.14.

About Winpak

Winpak Ltd. manufactures and distributes packaging materials and related packaging machines in the United States, Canada, and Mexico. The company operates is Flexible Packaging, Rigid Packaging and Flexible Lidding, and Packaging Machinery segments. The Flexible Packaging segment provides modified atmosphere packaging products for fresh and processed meats, poultry, cheese, medical device packaging, high-performance pouch, and high-barrier films for converting applications; specialty films, including barrier and non-barrier films converting applications, such as printing, laminating and bag making, as well as shrink bags; and biaxially oriented nylon films for food packaging and industrial applications.