Short Interest in Hengan International Group Co., Ltd. Unsponsored ADR (OTCMKTS:HEGIY) Decreases By 97.8%

by · The Cerbat Gem

Hengan International Group Co., Ltd. Unsponsored ADR (OTCMKTS:HEGIY – Get Free Report) saw a significant drop in short interest in the month of March. As of March 31st, there was short interest totaling 328 shares, a drop of 97.8% from the March 15th total of 15,145 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average trading volume of 37,906 shares, the days-to-cover ratio is presently 0.0 days.

Hengan International Group Stock Performance

Hengan International Group stock traded down $0.21 during midday trading on Friday, reaching $17.97. 4,550 shares of the stock were exchanged, compared to its average volume of 23,413. Hengan International Group has a 52 week low of $12.81 and a 52 week high of $19.17. The company’s fifty day moving average is $18.05 and its 200-day moving average is $17.80.

About Hengan International Group

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Hengan International Group Company Limited, through its subsidiaries, engages in the production and distribution of household hygiene products in the People’s Republic of China. Incorporated in Bermuda in 1997, the company has its operational headquarters in Jinjiang, Fujian Province. Hengan’s offerings span sanitary napkins, baby diapers, adult diapers, toilet paper, facial tissue and paper towels, marketed under flagship brands such as Sofy and Hengan. The group’s vertically integrated manufacturing network encompasses raw material procurement, production, packaging and sales to ensure rigorous quality control and supply chain efficiency.

Since its founding in 1985, Hengan International has grown to become one of China’s leading tissue and hygiene product manufacturers.

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