Winpak Ltd. (OTCMKTS:WIPKF) Sees Large Growth in Short Interest

Winpak Ltd. (OTCMKTS:WIPKF) was the recipient of a significant growth in short interest in the month of February. As of February 15th, there was short interest totalling 185,400 shares, a growth of 21.8% from the January 31st total of 152,200 shares. Based on an average daily volume of 1,900 shares, the short-interest ratio is currently 97.6 days.

Winpak Trading Down 2.5 %

Shares of OTCMKTS WIPKF opened at $27.34 on Friday. The stock has a 50 day moving average price of $30.50 and a 200 day moving average price of $32.87. Winpak has a 52-week low of $27.34 and a 52-week high of $46.28.

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.