Hengan International Group Co., Ltd. Unsponsored ADR (OTCMKTS:HEGIY) Sees Significant Drop 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 - Get Free Report) was the target of a large drop in short interest in July. As of July 31st, there was short interest totaling 400 shares, adropof98.0% from the July 15th total of 20,300 shares. Based on an average daily volume of 65,100 shares, the days-to-cover ratio is currently 0.0 days. Approximately0.0% of the company's stock are sold short. Approximately0.0% of the company's stock are sold short. Based on an average daily volume of 65,100 shares, the days-to-cover ratio is currently 0.0 days.

Hengan International Group Trading Up 1.8%

Shares of HEGIY traded up $0.2760 during midday trading on Tuesday, reaching $15.4060. The stock had a trading volume of 9,180 shares, compared to its average volume of 21,501. Hengan International Group has a 1-year low of $12.4550 and a 1-year high of $18.4999. The company's fifty day simple moving average is $14.77 and its two-hundred day simple moving average is $14.18. The company has a debt-to-equity ratio of 0.11, a current ratio of 1.43 and a quick ratio of 1.13.

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.