Nine Dragons Paper (Holdings) Limited (OTCMKTS:NDGPF) Sees Significant Increase in Short Interest

Nine Dragons Paper (Holdings) Limited (OTCMKTS:NDGPF) was the target of a significant increase in short interest in the month of January. As of January 30th, there was short interest totaling 5,382,000 shares, an increase of 42.2% from the January 15th total of 3,785,000 shares. Based on an average daily trading volume, of 10,000 shares, the short-interest ratio is currently 538.2 days. Based on an average daily trading volume, of 10,000 shares, the short-interest ratio is currently 538.2 days.

Nine Dragons Paper Stock Performance

Shares of NDGPF remained flat at $1.15 during mid-day trading on Monday. The firm has a 50-day simple moving average of $0.85 and a two-hundred day simple moving average of $0.73. Nine Dragons Paper has a 52-week low of $0.35 and a 52-week high of $1.15.

Nine Dragons Paper Company Profile

Nine Dragons Paper (OTCMKTS: NDGPF) is a Hong Kong‐based paperboard manufacturing company principally engaged in the production of containerboard and packaging products. Its comprehensive product portfolio includes linerboard, corrugating medium, coated duplex board and testliner, which serve a wide range of end markets spanning e-commerce, consumer goods, industrial packaging and food service. The company also operates complementary businesses in waste paper procurement and paper recycling, integrating raw material sourcing with production to support sustainable manufacturing practices.

Since its founding in 1995, Nine Dragons Paper has developed a multi-regional manufacturing footprint, operating multiple production facilities throughout mainland China and Vietnam.