Short Interest in Nine Dragons Paper (Holdings) Limited (OTCMKTS:NDGPF) Grows By 22.1%

Nine Dragons Paper (Holdings) Limited (OTCMKTS:NDGPF) saw a large increase in short interest in January. As of January 31st, there was short interest totalling 25,788,000 shares, an increase of 22.1% from the January 15th total of 21,121,800 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is currently ∞ days.

Nine Dragons Paper Stock Performance

NDGPF stock remained flat at $0.35 during midday trading on Friday. The business has a fifty day moving average price of $0.37 and a two-hundred day moving average price of $0.40. Nine Dragons Paper has a 52 week low of $0.35 and a 52 week high of $0.59.

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.