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

Key Points

• Hengan International Group Co., Ltd. experienced a **98.0% decrease** in short interest in July, dropping from 20,300 shares to just **400 shares** as of July 31st.
• The company's stock traded down to **$15.38** with a **52-week range** between $12.46 and $18.50, while the current ratio stands at **1.43** and the debt-to-equity ratio at **0.11**.
• Hengan recently **cut its dividend**, with shareholders receiving **$0.4113 per share**, reflecting a notable dividend yield of **589.0%**.

Hengan International Group Co., Ltd. Unsponsored ADR (OTCMKTS:HEGIY - ) saw a large decrease in short interest in July. As of July 31st, there was short interest totaling 400 shares, adecreaseof98.0% from the July 15th total of 20,300 shares. Based on an average daily volume of 65,100 shares, the short-interest ratio is presently 0.0 days. Currently,0.0% of the company's stock are short sold. Currently,0.0% of the company's stock are short sold. Based on an average daily volume of 65,100 shares, the short-interest ratio is presently 0.0 days.

Hengan International Group Stock Performance

Shares of Hengan International Group stock traded down $0.21 on Thursday, reaching $15.38. 6,713 shares of the company were exchanged, compared to its average volume of 32,766. Hengan International Group has a one year low of $12.46 and a one year high of $18.50. The company has a current ratio of 1.43, a quick ratio of 1.13 and a debt-to-equity ratio of 0.11. The company has a 50-day moving average of $14.66 and a 200 day moving average of $14.13.

Hengan International Group Cuts Dividend

The business also recently disclosed a dividend, which was paid on Monday, June 23rd. Stockholders of record on Monday, May 26th were paid a dividend of $0.4113 per share. The ex-dividend date was Friday, May 23rd. This represents a dividend yield of 589.0%.

About Hengan International Group

Hengan International Group Company Limited, an investment holding company, manufactures, distributes, and sells personal hygiene products in the People's Republic of China and internationally. The company offers pocket handkerchiefs, box and soft tissue papers, kitchen towels/papers, toilet rolls, first-aid products, enema, garbage and food bags, preservation papers, table cloths and disposable toilet brush, sanitary napkins, pantiliners, overnight pants, wet tissues, maternal and child care products, adult and baby diapers, and cleansing products.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.