Nine Dragons Paper (Holdings) Limited (OTCMKTS:NDGPY) Short Interest Update

Nine Dragons Paper (Holdings) Limited (OTCMKTS:NDGPY - Get Free Report) was the recipient of a significant growth in short interest in the month of May. As of May 31st, there was short interest totalling 200 shares, a growth of 100.0% from the May 15th total of 100 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is presently 2.0 days. Currently, 0.0% of the company's shares are sold short.

Nine Dragons Paper Price Performance

Shares of NDGPY stock remained flat at $8.30 during mid-day trading on Tuesday. 17 shares of the company's stock were exchanged, compared to its average volume of 813. The company has a 50-day moving average price of $7.54 and a 200-day moving average price of $7.95. Nine Dragons Paper has a 12-month low of $6.60 and a 12-month high of $11.56. The company has a current ratio of 1.16, a quick ratio of 0.84 and a debt-to-equity ratio of 1.12.

Nine Dragons Paper Company Profile

Nine Dragons Paper (Holdings) Limited, together with its subsidiaries, engages in the production and sale of packaging paper, recycled printing and writing paper, and specialty paper and pulp products in the People's Republic of China. The company offers linerboard products, including kraft, test, white top, and coated linerboards; corrugating medium containerboard products; corrugated cardboard products; carton box products; corrugated sheet products; and coated duplex boards.