Short Interest in Winpak Ltd. (OTCMKTS:WIPKF) Declines By 15.7%

Winpak Ltd. (OTCMKTS:WIPKF) was the target of a significant drop in short interest in September. As of September 15th, there was short interest totalling 117,900 shares, a drop of 15.7% from the August 31st total of 139,900 shares. Based on an average trading volume of 100 shares, the short-interest ratio is currently 1,179.0 days.

Winpak Trading Up 3.1 %

OTCMKTS WIPKF opened at $34.25 on Friday. Winpak has a 12 month low of $27.19 and a 12 month high of $46.28. The company’s 50 day simple moving average is $33.94 and its 200 day simple moving average is $32.34.

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.