Short Interest in Winpak Ltd. (OTCMKTS:WIPKF) Increases By 21.8%

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

Winpak Trading Down 2.5 %

Shares of WIPKF opened at $27.34 on Thursday. The stock has a 50 day moving average of $30.62 and a 200-day moving average of $32.91. 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.