Short Interest in Winpak Ltd. (OTCMKTS:WIPKF) Declines By 21.7%

Winpak Ltd. (OTCMKTS:WIPKF) saw a significant decline in short interest in the month of September. As of September 30th, there was short interest totalling 92,300 shares, a decline of 21.7% from the September 15th total of 117,900 shares. Based on an average trading volume of 5,400 shares, the short-interest ratio is currently 17.1 days.

Winpak Price Performance

OTCMKTS:WIPKF opened at $33.42 on Tuesday. The stock has a 50 day simple moving average of $33.85 and a 200 day simple moving average of $32.69. Winpak has a 1-year low of $27.19 and a 1-year high of $46.28.

Winpak Company Profile

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.