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

Nine Dragons Paper (Holdings) Limited (OTCMKTS:NDGPY) was the recipient of a large growth in short interest in the month of February. As of February 28th, there was short interest totalling 200 shares, a growth of 100.0% from the February 13th total of 100 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 1,000 shares, the short-interest ratio is currently 0.2 days.

Nine Dragons Paper Stock Performance

NDGPY stock opened at $7.87 on Friday. Nine Dragons Paper has a 12-month low of $6.90 and a 12-month high of $11.56. The company has a current ratio of 1.16, a quick ratio of 0.84 and a debt-to-equity ratio of 1.12. The company has a 50 day moving average of $8.07 and a two-hundred day moving average of $8.31.

About Nine Dragons Paper

Nine Dragons Paper (Holdings) Limited, together with its subsidiaries, engages in the production and sale of packaging paper, recycled printing and writing paper, and specialty paper and pulp products in the People's Republic of China. The company offers linerboard products, including kraft, test, white top, and coated linerboards; corrugating medium containerboard products; corrugated cardboard products; carton box products; corrugated sheet products; and coated duplex boards.