Short Interest in Hengan International Group Co., Ltd. Unsponsored ADR (OTCMKTS:HEGIY) Drops By 66.2%

Hengan International Group Co., Ltd. Unsponsored ADR (OTCMKTS:HEGIY) was the recipient of a large drop in short interest in the month of February. As of February 27th, there was short interest totaling 2,298 shares, a drop of 66.2% from the February 12th total of 6,808 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 27,073 shares, the short-interest ratio is currently 0.1 days. Based on an average daily volume of 27,073 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the shares of the stock are sold short.

Hengan International Group Price Performance

Hengan International Group stock traded down $0.25 during mid-day trading on Thursday, hitting $17.79. The stock had a trading volume of 16,367 shares, compared to its average volume of 25,743. The company has a current ratio of 1.16, a quick ratio of 0.99 and a debt-to-equity ratio of 0.01. The firm’s 50 day moving average is $18.01 and its 200 day moving average is $17.56. Hengan International Group has a one year low of $12.46 and a one year high of $19.17.

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.