Nine Dragons Paper (OTCMKTS:NDGPY) Stock Short Interest Report for September

Nine Dragons Paper (OTCMKTS:NDGPY) was the target of a significant increase in short interest in the month of September. As of September 30th, there was short interest totaling 200 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 55 shares, the days-to-cover ratio is presently 3.6 days.

Nine Dragons Paper Stock Performance

NDGPY remained flat at $13.78 on Wednesday. 138 shares of the company were exchanged, compared to its average volume of 66. The business has a 50-day moving average price of $17.01 and a 200 day moving average price of $16.86. Nine Dragons Paper has a 52-week low of $12.68 and a 52-week high of $22.80. The company has a debt-to-equity ratio of 1.34, a quick ratio of 0.82 and a current ratio of 1.12.

Nine Dragons Paper Company Profile

Nine Dragons Paper Holdings Ltd. is a China-based paper manufacturing company that produces packaging paper and other paper products primarily from recovered paper and virgin pulp. Its product portfolio includes containerboard, corrugating medium, coated white top linerboard, recycled linerboard, printing and writing paper, specialty paper and pulp.

Founded in 1995, the company supplies paper used in corrugated boxes, consumer packaging, publishing and other industrial applications. Nine Dragons Paper serves customers through production facilities and operations in mainland China and international markets, including Vietnam, Malaysia and the United States.

The company is associated with founder and chairwoman Zhang Yin, who established the business with Liu Mingzhong.