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

Hengan International Group Co., Ltd. Unsponsored ADR (OTCMKTS:HEGIY) was the target of a large growth in short interest in October. As of October 15th, there was short interest totaling 36,966 shares, a growth of 206.7% from the September 30th total of 12,051 shares. Based on an average daily trading volume, of 118,686 shares, the short-interest ratio is presently 0.3 days. Currently, 0.0% of the shares of the company are sold short.

Hengan International Group Price Performance

Shares of OTCMKTS HEGIY opened at $13.61 on Friday. The company has a current ratio of 1.20, a quick ratio of 1.02 and a debt-to-equity ratio of 0.01. Hengan International Group has a fifty-two week low of $10.38 and a fifty-two week high of $19.17. The stock has a fifty day moving average of $13.00 and a 200-day moving average of $15.69.

Hengan International Group Company Profile

Hengan International Group Co Ltd. is a Chinese manufacturer and distributor of personal hygiene and household paper products. The company’s product portfolio includes sanitary napkins, baby and adult diapers, tissue paper, toilet paper, facial tissues, and other disposable hygiene products.

Hengan markets its products under brands including Xinxiangyin, 7 Space, Anerle, Hearttex, and Hengan, serving consumers through retail, e-commerce, and other distribution channels. Its operations are primarily focused on mainland China, with products also distributed in selected international markets.

Founded in 1985 and headquartered in Jinjiang, Fujian Province, Hengan has developed into one of China’s established hygiene-product companies.