Hengan International Group Co., Ltd. Unsponsored ADR (OTCMKTS:HEGIY) Short Interest Up 559.1% in March

Key Points

• Short interest in Hengan International surged by 559.1% to 15,145 shares as of March 13, with a short-interest ratio of 0.4 days based on average daily volume, though the company is reported as having approximately 0.0% of shares sold short (indicating a small absolute short base despite the large percentage increase).
• The stock traded at $17.45 (down $0.07) with intraday volume of 34,167 shares versus a cited average volume near 18,152–37,409 shares; its 50‑ and 200‑day moving averages are about $18.00 and $17.68, and the 12‑month range is $12.46–$19.17.
• Hengan International is a major China-based manufacturer of hygiene products (brands include Sofy and Hengan), operating a vertically integrated supply chain across raw materials, production, packaging and sales.

Hengan International Group Co., Ltd. Unsponsored ADR (OTCMKTS:HEGIY - Get Free Report) was the target of a significant growth in short interest during the month of March. As of March 13th, there was short interest totaling 15,145 shares, a growth of 559.1% from the February 26th total of 2,298 shares. Based on an average daily trading volume, of 37,409 shares, the short-interest ratio is currently 0.4 days. Approximately 0.0% of the company's shares are sold short. Approximately 0.0% of the company's shares are sold short. Based on an average daily trading volume, of 37,409 shares, the short-interest ratio is currently 0.4 days.

Hengan International Group Stock Performance

HEGIY traded down $0.07 during trading on Tuesday, reaching $17.45. 34,167 shares of the stock traded hands, compared to its average volume of 18,152. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.99 and a current ratio of 1.16. The stock's 50-day moving average is $18.00 and its 200 day moving average is $17.68. Hengan International Group has a 12 month low of $12.46 and a 12 month 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.