Winpak Ltd. (OTCMKTS:WIPKF) Short Interest Up 21.8% in February

Winpak Ltd. (OTCMKTS:WIPKF) was the target of a significant growth in short interest in 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 Price Performance

OTCMKTS:WIPKF opened at $27.05 on Friday. Winpak has a twelve month low of $26.43 and a twelve month high of $46.28. The company’s 50-day moving average price is $30.37 and its 200-day moving average price is $32.83.

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.