Winland Holdings Co. (OTCMKTS:WELX) Sees Large Increase in Short Interest

Winland Holdings Co. (OTCMKTS:WELX) was the target of a significant growth in short interest during the month of November. As of November 15th, there was short interest totalling 1,200 shares, a growth of 140.0% from the October 31st total of 500 shares. Based on an average daily volume of 9,000 shares, the days-to-cover ratio is presently 0.1 days.

Winland Price Performance

Shares of OTCMKTS WELX opened at $5.17 on Friday. The company’s 50 day simple moving average is $4.76 and its 200 day simple moving average is $4.87. Winland has a fifty-two week low of $1.81 and a fifty-two week high of $5.85. The firm has a market capitalization of $25.40 million, a P/E ratio of 6.71 and a beta of 1.09.

Winland Company Profile

Winland Holdings Corporation, through its subsidiaries, provides critical condition monitoring devices to the security industry. Its products are used to protect against loss of assets due to damage from water, excess humidity, extremes of temperature, and loss of power. The company offers EnviroAlert, which monitors temperature, humidity, and/or water presence in critical environments; TempAlert, a temperature monitoring device for residential and commercial environments through security systems; WaterBug, a water presence and leak detection system; and Power-Out Alert, a power outage detector.