Nine Dragons Paper (Holdings) Limited (OTCMKTS:NDGPF) Short Interest Update

Nine Dragons Paper (Holdings) Limited (OTCMKTS:NDGPF) was the target of a significant increase in short interest during the month of January. As of January 15th, there was short interest totaling 3,785,000 shares, an increase of 22.3% from the December 31st total of 3,093,787 shares. Based on an average trading volume of 200 shares, the days-to-cover ratio is currently 18,925.0 days. Based on an average trading volume of 200 shares, the days-to-cover ratio is currently 18,925.0 days.

Nine Dragons Paper Price Performance

Shares of NDGPF stock opened at $0.90 on Tuesday. The business has a 50-day moving average price of $0.80 and a two-hundred day moving average price of $0.69. Nine Dragons Paper has a 12-month low of $0.35 and a 12-month high of $0.95.

Nine Dragons Paper Company Profile

Nine Dragons Paper (OTCMKTS: NDGPF) is a Hong Kong?based paperboard manufacturing company principally engaged in the production of containerboard and packaging products. Its comprehensive product portfolio includes linerboard, corrugating medium, coated duplex board and testliner, which serve a wide range of end markets spanning e-commerce, consumer goods, industrial packaging and food service. The company also operates complementary businesses in waste paper procurement and paper recycling, integrating raw material sourcing with production to support sustainable manufacturing practices.

Since its founding in 1995, Nine Dragons Paper has developed a multi-regional manufacturing footprint, operating multiple production facilities throughout mainland China and Vietnam.