Short Interest in Nine Dragons Paper (Holdings) Limited (OTCMKTS:NDGPY) Drops By 60.0%

by · The Cerbat Gem

Nine 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

(Get Free Report)

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.

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