Hengan International Group Co., Ltd. Unsponsored ADR (OTCMKTS:HEGIY) Sees Significant Drop in Short Interest

Hengan International Group Co., Ltd. Unsponsored ADR (OTCMKTS:HEGIY) was the target of a significant drop in short interest in February. As of February 27th, there was short interest totaling 2,298 shares, a drop of 66.2% from the February 12th total of 6,808 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 27,073 shares, the short-interest ratio is presently 0.1 days. Based on an average daily volume of 27,073 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the shares of the stock are sold short.

Hengan International Group Trading Down 0.1%

OTCMKTS:HEGIY opened at $18.15 on Wednesday. The company has a quick ratio of 0.99, a current ratio of 1.16 and a debt-to-equity ratio of 0.01. The stock’s fifty day moving average price is $18.01 and its two-hundred day moving average price is $17.56. Hengan International Group has a 52-week low of $12.46 and a 52-week high of $19.17.

About Hengan International Group

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.