Short Interest in Nine Dragons Paper (Holdings) Limited (OTCMKTS:NDGPY) Drops By 60.0%
by Doug Wharley · The Cerbat GemNine Dragons Paper (Holdings) Limited (OTCMKTS:NDGPY – Get Free Report) was the recipient of a large drop in short interest in October. As of October 15th, there was short interest totalling 200 shares, a drop of 60.0% from the September 30th total of 500 shares. Based on an average daily trading volume, of 3,100 shares, the short-interest ratio is currently 0.1 days.
Nine Dragons Paper Stock Performance
Nine Dragons Paper stock remained flat at $9.00 during trading on Friday. 1 shares of the company were exchanged, compared to its average volume of 1,004. The company has a fifty day moving average of $8.36 and a 200-day moving average of $8.76. Nine Dragons Paper has a 1 year low of $6.90 and a 1 year high of $11.61.
Nine Dragons Paper Company Profile
Nine Dragons Paper (Holdings) Limited, together with its subsidiaries, engages in the production and sale of packaging paper, recycled printing and writing paper, and specialty paper and pulp products in the People's Republic of China. The company offers linerboard products, including kraft, test, white top, and coated linerboards; corrugating medium containerboard products; corrugated cardboard products; carton box products; corrugated sheet products; and coated duplex boards.
Read More
- Five stocks we like better than Nine Dragons Paper
- Stock Dividend Cuts Happen Are You Ready?
- Lam Research Proves Analysts Wrong with a Strong Earnings Report
- Breakout Stocks: What They Are and How to Identify Them
- PureCycle: Up 250% in 2024 – Is This Materials Stock Still a Buy?
- Are These Liquid Natural Gas Stocks Ready For An Upside Bounce?
- MarketBeat Week in Review – 10/21- 10/25