Short Interest in Hengan International Group Co., Ltd. Unsponsored ADR (OTCMKTS:HEGIY) Decreases By 97.8%

Key Points

• Short interest plunged 97.8% for Hengan International (OTCMKTS: HEGIY), falling to 328 shares as of March 31 from 15,145 on March 15, leaving a short-interest ratio of 0.0 days and effectively 0.0% of shares short.
• Shares traded at $17.97 in the latest session with volume of 4,550 versus an average of 23,413, and the stock sits near its 52-week high ($19.17) with 50- and 200-day SMAs of $18.05 and $17.80 respectively.
• Hengan is a leading Chinese tissue and hygiene-products maker—brands include Sofy and Hengan—with a vertically integrated supply chain producing diapers, sanitary napkins, toilet paper and related products.

Hengan International Group Co., Ltd. Unsponsored ADR (OTCMKTS:HEGIY - Get Free Report) was the target of a large decline in short interest in the month of March. As of March 31st, there was short interest totaling 328 shares, a decline of 97.8% from the March 15th total of 15,145 shares. Based on an average trading volume of 37,906 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the company are short sold.

Hengan International Group Price Performance

Shares of HEGIY traded down $0.21 during trading hours on Friday, hitting $17.97. The company's stock had a trading volume of 4,550 shares, compared to its average volume of 23,413. The business has a 50 day simple moving average of $18.05 and a two-hundred day simple moving average of $17.80. Hengan International Group has a 52-week low of $12.81 and a 52-week 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.

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