(NASDAQ:WYIG) shares saw light trading volume with 0 shares changing hands by the end of trading on Tuesday. Overall, volume was down 100.00% under the stocks normal daily volume.
Investors are more bearish on shares of the company recently looking at the uptick in short interest. The stock had a rise in short interest from August 31, 2017 to September 15, 2017 of inf%. Short shares grew 1 over that timeframe. The days to cover decreased to 0.0 and the percentage of shorted shares was 0.00% on September 15.
These firms have modified their investment in WYIG. Polar Asset Management Partners Inc. added to its position by buying 48,528 shares an increase of 46.2% as of 06/30/2017. Polar Asset Management Partners Inc. currently owns 153,540 shares valued at $1,532,000. The value of the position overall is up by 45.8%.
In the market the company is trading unchanged from yesterday’s close of $9.98. Company shares are trading at $9.98 which is marginally lower than $10.06, the stock’s 50 day moving average and which is a tad under the 200 day moving average of $10.06. The 50 day moving average went down by -0.76% and the 200 day average was down $-0.08.
JM Global Holding Company, launched on April 10, 2015, is a shell company. The Company was formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses or entities. The Company focuses on the consumer products sector in the United States (which may include a business based in the United States that has distribution opportunities outside the United States). Consumer products include goods and services that are bought for personal and household use, and intended for direct use or consumption..Advertisement