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

Hengan International Group Co., Ltd. Unsponsored ADR (OTCMKTS:HEGIY) saw a large growth in short interest in June. As of June 15th, there was short interest totaling 2,104 shares, a growth of 461.1% from the May 31st total of 375 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 67,029 shares, the short-interest ratio is presently 0.0 days.

Hengan International Group Stock Performance

Shares of HEGIY traded down $0.04 during midday trading on Friday, hitting $13.93. The company had a trading volume of 6,140 shares, compared to its average volume of 24,648. Hengan International Group has a 1 year low of $13.39 and a 1 year high of $19.17. The company’s 50-day simple moving average is $16.08 and its 200-day simple moving average is $17.32.

Hengan International Group Company Profile

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.