Hengan International Group Co., Ltd. Unsponsored ADR (OTCMKTS:HEGIY) Sees Large Decline in Short Interest

Hengan International Group Co., Ltd. Unsponsored ADR (OTCMKTS:HEGIY) was the recipient of a large drop in short interest in January. As of January 30th, there was short interest totaling 5,387 shares, a drop of 86.1% from the January 15th total of 38,803 shares. Based on an average daily trading volume, of 52,547 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the shares of the stock are sold short. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 52,547 shares, the short-interest ratio is currently 0.1 days.

Hengan International Group Stock Up 1.2%

OTCMKTS:HEGIY traded up $0.23 during trading hours on Wednesday, reaching $18.56. 515 shares of the company were exchanged, compared to its average volume of 22,190. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.99 and a current ratio of 1.16. Hengan International Group has a twelve month low of $12.46 and a twelve month high of $19.17. The stock’s 50-day moving average is $17.96 and its 200-day moving average is $17.12.

Hengan International Group Company Profile

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.