Hengan International Group Co., Ltd. Unsponsored ADR (OTCMKTS:HEGIY) Short Interest Update

Key Points

• Hengan International Group experienced a significant growth in short interest, with a total of 21,400 shares as of August 31st, up by 101.9% from the previous count.
• The company announced an increase in its dividend to $0.4175 per share, which will be paid on October 27th, showcasing a yield of 522.0%.
• Hengan's stock traded at $16.31, demonstrating a slight increase of 0.6% during recent trading, with a 1-year low-high range of $12.46 to $18.50.

Hengan International Group Co., Ltd. Unsponsored ADR (OTCMKTS:HEGIY - Get Free Report) was the recipient of a significant growth in short interest during the month of August. As of August 31st, there was short interest totaling 21,400 shares, a growth of 101.9% from the August 15th total of 10,600 shares. Approximately 0.0% of the company's stock are short sold. Based on an average daily trading volume, of 35,600 shares, the days-to-cover ratio is currently 0.6 days. Based on an average daily trading volume, of 35,600 shares, the days-to-cover ratio is currently 0.6 days. Approximately 0.0% of the company's stock are short sold.

Hengan International Group Stock Performance

Shares of OTCMKTS HEGIY traded up $0.13 during mid-day trading on Friday, reaching $16.40. 5,710 shares of the company's stock traded hands, compared to its average volume of 27,841. The business has a 50-day simple moving average of $15.55 and a 200 day simple moving average of $14.53. Hengan International Group has a 1-year low of $12.46 and a 1-year high of $18.50. The company has a quick ratio of 1.13, a current ratio of 1.16 and a debt-to-equity ratio of 0.01.

Hengan International Group Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Monday, October 27th. Stockholders of record on Wednesday, September 10th will be issued a dividend of $0.4175 per share. This is an increase from Hengan International Group's previous dividend of $0.41. This represents a dividend yield of 522.0%. The ex-dividend date is Tuesday, September 9th.

Hengan International Group Company Profile

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.