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

Key Points

• Hengan International Group Co., Ltd. experienced a dramatic increase in short interest of 2,550.0% in August, rising from 400 shares to a total of 10,600 shares.
• The stock is currently trading at $15.76, with a one-year low of $12.46 and a one-year high of $18.50.
• The company's financial metrics indicate a healthy position, with a debt-to-equity ratio of 0.11 and current and quick ratios of 1.43 and 1.13 respectively.

Hengan International Group Co., Ltd. Unsponsored ADR (OTCMKTS:HEGIY - Get Free Report) was the recipient of a large growth in short interest in the month of August. As of August 15th, there was short interest totaling 10,600 shares, agrowthof2,550.0% from the July 31st total of 400 shares. Based on an average daily volume of 41,700 shares, the short-interest ratio is presently 0.3 days. Based on an average daily volume of 41,700 shares, the short-interest ratio is presently 0.3 days.

Hengan International Group Stock Up 2.1%

Shares of OTCMKTS HEGIY traded up $0.33 during midday trading on Friday, reaching $16.00. The company's stock had a trading volume of 11,975 shares, compared to its average volume of 16,056. Hengan International Group has a fifty-two week low of $12.46 and a fifty-two week high of $18.50. The company has a quick ratio of 1.13, a current ratio of 1.43 and a debt-to-equity ratio of 0.11. The business's 50 day moving average price is $15.27 and its two-hundred day moving average price is $14.38.

Hengan International Group Increases Dividend

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

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.