Nine Dragons Paper (OTCMKTS:NDGPY – Get Free Report) saw a significant growth in short interest in September. As of September 30th, there was short interest totaling 200 shares. Based on an average daily trading volume, of 55 shares, the days-to-cover ratio is currently 3.6 days. Approximately 0.0% of the shares of the company are sold short.
Nine Dragons Paper Stock Performance
Shares of Nine Dragons Paper stock opened at $13.75 on Thursday. The firm has a 50-day moving average of $16.92 and a 200-day moving average of $16.79. 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 current ratio of 1.12 and a quick ratio of 0.82.
About Nine Dragons Paper
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.
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